signal strength 1 of 5

According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 166.92/167.24 whereas the upper border goes across 167.58/167.24. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURJPY will breach the upper border to head for 167.39.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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- EURNZD
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The Double Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 2.0984; the lower boundary 2.0964; the width of the pattern is 19 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 87.26 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of the EURNZD M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
Open chart in a new window