signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 85.95/85.78 whereas the lower border goes across 85.58/85.78. The pattern width is measured on the chart at 37 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 85.78 is broken, the price could continue its move toward 85.93.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 167.02 - 0.00
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According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 166.62/166.78 whereas the upper border goes across 167.01/166.78
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 M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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