signal strength 1 of 5
According to the chart of M5, USDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 142.47/142.72 and upper border is 142.93/142.72. The pattern width is measured on the chart at -46 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and USDJPY breaches the lower border, the price could continue its move toward 142.57.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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The Bullish pennant signal – Trading instrument #FB M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 748.83, with the prospect
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The Bullish Flag pattern has been formed on AUDUSD at M5. The lower boundary of the pattern is located at 0.6553/0.6553, while the higher boundary lies at 0.6561/0.6561. The projection
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 GOLD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -115, support level -123
The M5 and M15 time frames may have more false entry points.
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