signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 162.45 and support 162.26. In case the resistance level 162.45 - 162.45 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
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- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1059 and 1.1030 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.57
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The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.57
The M5 and M15 time frames may have more false entry points.
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