signal strength 1 of 5
The Bearish pennant pattern has formed on the USDJPY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 147.05 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
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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The Triple Bottom pattern has formed on the chart of GBPUSD M5. Features of the pattern: The lower line of the pattern has coordinates 1.3504 with the upper limit 1.3504/1.3497
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 195.83, the lower border is 195.53. The signal means
The M5 and M15 time frames may have more false entry points.
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