signal strength 1 of 5

The Triple Bottom pattern has formed on the chart of EURJPY M5. Features of the pattern: The lower line of the pattern has coordinates 162.54 with the upper limit 162.54/162.42, the projection of the width is 19 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 162.35, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- AUDCAD
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The Double Top pattern has been formed on NZDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5874
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish Flag pattern has been formed on GBPAUD at M5. The lower boundary of the pattern is located at 2.0668/2.0672 while the upper boundary lies at 2.0672/2.0676. The projection
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the GBPAUD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 2.0668; the projection
The M5 and M15 time frames may have more false entry points.
Open chart in a new window