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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- AUDCAD
- AUDCHF
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- EURCAD
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- EURRUB
- EURUSD
- GBPAUD
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- NZDCAD
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The Double Bottom pattern has been formed on EURCAD H1; the upper boundary is 1.5576; the lower boundary is 1.5492. The width of the pattern is 90 points. In case
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The Triple Bottom pattern has been formed on EURCAD M15. It has the following characteristics: resistance level 1.5576/1.5510; support level 1.5486/1.5497; the width is 90 points. In the event
The M5 and M15 time frames may have more false entry points.
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On the chart of the USDJPY M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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