signal strength 1 of 5
The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 164.27; the lower boundary is 164.16. The width of the pattern is 12 points. In case of a break of the upper boundary 164.27, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The Bullish pennant graphic pattern has formed on the #MSFT M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.1242; the resistance level 1.1253; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #AAPL M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 204.23; the projection
The M5 and M15 time frames may have more false entry points.
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