signal strength 1 of 5

According to the chart of M5, GBPCHF formed the Head and Shoulders pattern. The Head’s top is set at 1.1015 while the median line of the Neck is found at 1.0998/1.0998. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPCHF will go towards 1.0983.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.1349/1.1361 whereas the upper border goes across 1.1372/1.1361
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, EURJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 162.98 and support 162.59
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the #NTDOY M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 21.41; the projection
The M5 and M15 time frames may have more false entry points.
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