signal strength 1 of 5
The technical pattern called Head and Shoulders has appeared on the chart of USDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 145.23/145.22 after the right shoulder has been formed. So, the trend is set to change with the price heading for 145.07.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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According to the chart of M5, AUDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 96.67, the lower border is 96.53. The signal means
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 GBPJPY M15. Characteristics: the upper boundary 199.95; the lower boundary 199.78; the width of the pattern is 16 points. Sell trades
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 M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 199.78
The M5 and M15 time frames may have more false entry points.
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