signal strength 2 of 5

The Bearish pennant pattern has formed on the EURJPY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 160.40; the projection of the flagpole height is equal to 90 pips. In case the price breaks out the pattern’s bottom of 160.40, the downtrend is expected to continue for further level 160.18.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 194.96
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 #PEP D1; the upper boundary is 132.72; the lower boundary is 129.16. The width of the pattern is 365 points. In case
Open chart in a new windowThe #INTC H1 formed the Head and Shoulders pattern with the following features: The Head’s top is at 22.43, the Neckline and the upward angle are at 20.28/20.38. The formation
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