signal strength 1 of 5
According to the chart of M5, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 143.26 and support 143.06. In case the resistance level 143.26 - 143.26 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- AUDCAD
- AUDCHF
- AUDJPY
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- EURCAD
- EURCHF
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- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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On the chart of EURNZD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.9142; the lower boundary 1.9091; the width of the pattern 51 points
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According to the chart of M30, EURUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.1362/1.1333
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The Bearish pennant pattern has formed on the NZDCAD H1 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.8197 is broken through. Recommendations: Place
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