signal strength 1 of 5

On the chart of the USDJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 143.58, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 23 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8304 - 0.0000
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on USDCHF M5; the upper boundary is 0.8304; the lower boundary is 0.8291. The width of the pattern is 13 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, EURJPY formed the Head and Shoulders pattern. The Head’s top is set at 164.23 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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