signal strength 1 of 5
According to the chart of M5, USDJPY formed the Head and Shoulders pattern. The Head’s top is set at 150.87 while the median line of the Neck is found at 150.68/150.70. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of USDJPY will go towards 150.55.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8863
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPUSD M30. Characteristics: the support level 1.3379; the resistance level 1.3420; the width of the pattern 41 points. If the resistance level
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The Triple Top pattern has formed on the chart of the USDJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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