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 144.75 while the median line of the Neck is found at 144.17/144.17. 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 144.02.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8218/0.8225 whereas the upper border goes across 0.8232/0.8225
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. The lower border of the pattern touches the coordinates 94.37/94.45 whereas the upper border goes across 94.51/94.45
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 165.61 and 165.48 are the coordinates
The M5 and M15 time frames may have more false entry points.
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