signal strength 1 of 5
The Triple Bottom pattern has been formed on USDJPY M5. It has the following characteristics: resistance level 143.53/143.49; support level 143.24/143.25; the width is 29 points. In the event of a breakdown of the resistance level of 143.53, the price is likely to continue an upward movement at least to 143.42.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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According to the chart of M5, EURJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 162.54 - 0.00
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 SILVER M5. Characteristics: the upper boundary 33.51; the lower boundary 33.47; the width of the pattern is 45 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3451 and 1.3385 are the coordinates
The M5 and M15 time frames may have more false entry points.
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