signal strength 1 of 5

According to the chart of M5, USDJPY formed the Head and Shoulders pattern. The Head’s top is set at 146.19 while the median line of the Neck is found at 145.83/145.86. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of USDJPY will go towards 145.71.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Triple Bottom pattern has formed on the chart of EURJPY M5. Features of the pattern: The lower line of the pattern has coordinates 165.41 with the upper limit 165.41/165.24
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8886/0.8831
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 GBPJPY M5; the upper boundary is 194.31; the lower boundary is 193.76. The width of the pattern is 58 points. In case
The M5 and M15 time frames may have more false entry points.
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