signal strength 1 of 5
The Double Bottom pattern has been formed on EURJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 161.91 is broken. The further movements will rely on the width of the current pattern 46 points.
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the #NTDOY H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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The Bullish pennant signal – Trading instrument #NTDOY H1, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 18.72, with the prospect
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The Bullish pennant pattern is formed on the #INTC M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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