signal strength 2 of 5
According to the chart of M15, USDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 144.84/145.98 and upper border is 146.95/145.98. The pattern width is measured on the chart at -211 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 USDJPY breaches the lower border, the price could continue its move toward 145.76.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on #TSLA M5; the upper boundary is 343.92; the lower boundary is 341.39. The width of the pattern is 233 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #FB formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 713.03 and 701.27 are the coordinates
The M5 and M15 time frames may have more false entry points.
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On the chart of USDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3719; the lower boundary 1.3678; the width of the pattern 41 points
The M5 and M15 time frames may have more false entry points.
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