signal strength 1 of 5
According to the chart of M5, EURJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 164.66 while the median line of the Neck is found at 164.28/164.55. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of EURJPY will go towards 164.81
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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On the chart of GOLD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3230.79; the lower boundary 3219.80; the width of the pattern 1099 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 85.30 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 93.10/92.93
The M5 and M15 time frames may have more false entry points.
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