signal strength 1 of 5
According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 149.65 and 149.11 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 54 pips. Outlook: If the upper border 149.65 is broken, the price is likely to continue its move by 149.57.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
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- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
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- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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On the chart of USDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 149.31; the lower boundary 149.17; the width of the pattern 14 points
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDCHF M5. Characteristics: the upper boundary 0.5543; the lower boundary 0.5537; the width of the pattern is 6 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #EBAY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 65.78 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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