signal strength 1 of 5
The Triple Top pattern has formed on the chart of the USDJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 149.17/149.23 with the upper limit 149.32/149.33; the projection of the width is 15 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 149.17, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8304 - 0.0000
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCHF M5; the upper boundary is 0.8304; the lower boundary is 0.8291. The width of the pattern is 13 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Head and Shoulders pattern. The Head’s top is set at 164.23 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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