signal strength 4 of 5
The Bearish pennant pattern has formed on the USDJPY H1 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 143.34; the projection of the flagpole height is equal to 74 pips. In case the price breaks out the pattern’s bottom of 143.34, the downtrend is expected to continue for further level 142.94.
Vea asimismo
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The technical pattern called Head and Shoulders has appeared on the chart of NZDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 87.83/87.84 after
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #PEP formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 141.03
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on #PEP M5. It has the following characteristics: resistance level 142.16/141.45; support level 141.04/141.03; the width is 112 points. In the event
The M5 and M15 time frames may have more false entry points.
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