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.
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According to the chart of M5, EURUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.1500 and support 1.1491
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 145.78 and support 145.36
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The Triple Top pattern has formed on the chart of the GBPJPY M15. 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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