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According to the chart of M5, USDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 146.14, the lower border is 145.97. The signal means that a short position should be opened after fixing a price below the lower border 145.97 of the Bearish Rectangle.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 94.15 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on #GOOG M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 145.96 and support 145.79
The M5 and M15 time frames may have more false entry points.
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