signal strength 3 of 5

The Bearish Flag pattern has been formed on EURJPY at M30. The lower boundary of the pattern is located at 162.05/162.27 while the upper boundary lies at 162.33/162.55. The projection of the flagpole is 88 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 162.05 is broken, the price will move further downwards.
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- AUDCAD
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- EURNZD
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The Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.5615; the lower boundary is 1.5607. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on NZDJPY M5. It has the following characteristics: resistance level 86.60/86.57; support level 86.49/86.48; the width is 11 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of EURNZD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.8950; the lower boundary 1.8925; the width of the pattern 25 points
The M5 and M15 time frames may have more false entry points.
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