signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of USDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 142.75 with the upper limit 142.75/142.69, the projection of the width is 7 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 142.68, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 197.35
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According to the chart of M5, GBPAUD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 2.0628, the lower border is 2.0594. The signal means
The M5 and M15 time frames may have more false entry points.
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The NZDUSD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.5969, the Neckline and the upward angle are at 0.5955/0.5956. The formation
The M5 and M15 time frames may have more false entry points.
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