signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 161.35/161.59 whereas the upper border goes across 161.79/161.59. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURJPY will breach the upper border to head for 161.74.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M5. Characteristics: the support level 2.0643; the resistance level 2.0710; the width of the pattern 67 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart EURUSD M15 which signals that the downward trend will continue. If the price breaks below the low at 1.1192, then
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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