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
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on NZDCHF M5; the upper boundary is 0.4843; the lower boundary is 0.4835. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart #KO M5 which signals that the upward trend will continue. Signals: а break of the peak at 70.29 may push
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on #MSFT M5. Characteristics: the upper boundary 491.46; the lower boundary 490.22; the width of the pattern is 118 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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