signal strength 1 of 5
According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 142.45/142.62 whereas the upper border goes across 142.83/142.62. 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 USDJPY will breach the upper border to head for 142.77.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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On the chart of NZDUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5919; the lower boundary 0.5910; the width of the pattern 9 points
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the NZDCHF M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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The Bullish pennant signal – Trading instrument NZDUSD M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.5922, with the prospect
The M5 and M15 time frames may have more false entry points.
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