signal strength 1 of 5
According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3499/1.3508 and upper border is 1.3515/1.3508. The pattern width is measured on the chart at -16 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and GBPUSD breaches the lower border, the price could continue its move toward 1.3493.
The M5 and M15 time frames may have more false entry points.
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The #Bitcoin M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 108499.13, the Neckline and the upward angle are at 107112.85/107248.11. The formation
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The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 107248.11; the resistance level 107549.35; the width of the pattern 30124 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 107140.52; the lower boundary 106768.13; the width of the pattern is 38591 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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