signal strength 1 of 5
The EURJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 163.12, the Neckline and the upward angle are at 162.77/162.76. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of EURJPY will go towards 162.61.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 194.63; the lower boundary is 193.61. The width of the pattern is 101 points. In case
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 #EBAY M15. Characteristics: the upper boundary 73.10; the lower boundary 72.18; the width of the pattern is 90 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6439 and support 0.6431
The M5 and M15 time frames may have more false entry points.
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