signal strength 4 of 5
According to the chart of H1, USDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 144.21, the lower border is 142.08. The signal means that a short position should be opened after fixing a price below the lower border 142.08 of the Bearish Rectangle.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
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On the chart of NZDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 87.96; the lower boundary 87.67; the width of the pattern 29 points
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The Double Top pattern has been formed on EURJPY H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 166.99
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The Double Top pattern has been formed on EURNZD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9045
The M5 and M15 time frames may have more false entry points.
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