signal strength 2 of 5
The Bearish pennant pattern has formed on the NZDJPY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 85.81; the projection of the flagpole height is equal to 19 pips. In case the price breaks out the pattern’s bottom of 85.81, the downtrend is expected to continue for further level 85.58.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the EURCAD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M15; the upper boundary is 2.0721; the lower boundary is 2.0690. The width of the pattern is 32 points. In case
The M5 and M15 time frames may have more false entry points.
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