signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 194.54/194.66 whereas the upper border goes across 194.75/194.66. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GBPJPY will breach the upper border to head for 194.81.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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According to the chart of D1, #TSLA formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 367.40 and 269.16 are the coordinates
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According to the chart of D1, #TSLA formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 269.16/323.26 whereas the upper border goes across 367.40/323.26
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The Bearish pennant pattern has formed on the #NTDOY M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 21.38 is broken through. Recommendations: Place
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