signal strength 4 of 5
According to the chart of H1, GBPJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 193.44 – 193.44 and upper border 194.97 – 194.97. In case the upper border is broken, the instrument is likely to follow the upward trend.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 188.00; the resistance level 188.20; the width of the pattern 20 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3835
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #MCD M15. Characteristics: the support level 305.24; the resistance level 306.70; the width of the pattern 146 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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