signal strength 1 of 5
The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 161.85 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
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According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 166.92/167.24 whereas the upper border goes across 167.58/167.24
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPCHF M30. Characteristics: the support level 1.1001; the resistance level 1.1059; the width of the pattern 58 points. If the resistance level
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The Bearish pennant pattern has formed on the #Bitcoin M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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