signal strength 1 of 5

According to the chart of M5, EURJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 164.76, the lower border is 164.52. The signal means that a short position should be opened after fixing a price below the lower border 164.52 of the Bearish Rectangle.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- Triple top
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The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 198.91
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on NZDCAD M5. It has the following characteristics: resistance level 0.8207/0.8205; support level 0.8197/0.8197; the width is 10 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on NZDUSD M5. It has the following characteristics: resistance level 0.5977/0.5975; support level 0.5963/0.5966; the width is 14 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new window