signal strength 2 of 5
According to the chart of M15, USDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 144.84/145.98 and upper border is 146.95/145.98. The pattern width is measured on the chart at -211 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 145.76.
The M5 and M15 time frames may have more false entry points.
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On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1417; the lower boundary 1.1408; the width of the pattern 9 points
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3592; the lower boundary 1.3578; the width of the pattern 14 points
The M5 and M15 time frames may have more false entry points.
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On the chart of EURJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 162.58; the lower boundary 162.37; the width of the pattern 21 points
The M5 and M15 time frames may have more false entry points.
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