signal strength 1 of 5
The Bearish Flag pattern has been formed on the chart USDJPY M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 149.88, traders should enter the market.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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- EURCAD
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- EURUSD
- GBPAUD
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According to the chart of H1, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 162.28/163.37 whereas the upper border goes across 164.23/163.37
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The Double Bottom pattern has been formed on GBPJPY M30. Characteristics: the support level 193.37; the resistance level 194.63; the width of the pattern 126 points. If the resistance level
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The Double Bottom pattern has been formed on GBPJPY H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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