signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 161.35/161.59 whereas the upper border goes across 161.79/161.59. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURJPY will breach the upper border to head for 161.74.
The M5 and M15 time frames may have more false entry points.
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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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The Triple Bottom pattern has been formed on NZDCHF M30. It has the following characteristics: resistance level 0.4646/0.4635; support level 0.4630/0.4629; the width is 16 points. In the event
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The Bullish pennant signal – Trading instrument AUDJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 97.44, with the prospect
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 GBPAUD M15. Characteristics: the upper boundary 2.0499; the lower boundary 2.0478; the width of the pattern is 20 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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