signal strength 1 of 5
The Bullish Flag pattern has been formed on EURJPY at M5. The lower boundary of the pattern is located at 161.24/160.64, while the higher boundary lies at 161.82/161.22. The projection of the flagpole is 236 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 161.82 is broken, the price will move further upwards.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M5. Characteristics: the support level 0.8207; the resistance level 0.8222; the width of the pattern 15 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURNZD 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.
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According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 145.69/146.01 whereas the upper border goes across 146.29/146.01
The M5 and M15 time frames may have more false entry points.
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