signal strength 1 of 5

According to the chart of M5, EURJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 164.66 while the median line of the Neck is found at 164.28/164.55. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of EURJPY will go towards 164.81
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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The Triple Bottom pattern has been formed on #TSLA M5. It has the following characteristics: resistance level 308.42/303.11; support level 300.82/300.19; the width is 760 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Top pattern has formed on the chart of the #PEP H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
Open chart in a new windowOn the chart of the #PEP H1 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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