signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 161.15/161.86 and upper border is 162.37/161.86. The pattern width is measured on the chart at -122 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURJPY breaches the lower border, the price could continue its move toward 161.71.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.5982
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The Double Bottom pattern has been formed on #NTDOY M30; the upper boundary is 20.50; the lower boundary is 20.28. The width of the pattern is 20 points. In case
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The Double Bottom pattern has been formed on #NTDOY M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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