signal strength 1 of 5
The Bullish Flag pattern has been formed on EURJPY at M5. The lower boundary of the pattern is located at 161.24/160.64, while the higher boundary lies at 161.82/161.22. The projection of the flagpole is 236 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 161.82 is broken, the price will move further upwards.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
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- Buy
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The Bearish pennant pattern has formed on the NZDJPY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 85.66 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on USDJPY M15. Characteristics: the upper boundary 143.46; the lower boundary 143.17; the width of the pattern is 29 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on EURCAD M30. Characteristics: the upper boundary 1.5687; the lower boundary 1.5657; the width of the pattern is 28 points. Sell trades
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