signal strength 4 of 5
The Triple Top pattern has formed on the chart of the EURJPY H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 161.49/162.07 with the upper limit 163.10/163.14; the projection of the width is 161 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 161.49, the price is most likely to continue the downward movement.
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According to the chart of H1, USDCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.7957 while the median line of the Neck
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The Double Top reversal pattern has been formed on EURNZD M5. Characteristics: the upper boundary 1.9334; the lower boundary 1.9314; the width of the pattern is 22 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M15. Characteristics: the support level 143.81; the resistance level 144.03; the width of the pattern 22 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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