signal strength 1 of 5
According to the chart of M5, EURJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 160.29 while the median line of the Neck is found at 159.45/159.79. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of EURJPY will go towards 160.44
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 165.96/166.46 and upper border is 167.00/166.46. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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 AUDJPY M30. Characteristics: the upper boundary 93.81; the lower boundary 93.23; the width of the pattern is 60 points. Sell trades
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