signal strength 2 of 5
The Triple Bottom pattern has formed on the chart of USDJPY M15. Features of the pattern: The lower line of the pattern has coordinates 140.99 with the upper limit 140.99/140.92, the projection of the width is 35 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 140.64, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 88.60
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of GBPAUD H1. There are weighty reasons to suggest that the price will surpass the Neckline 2.0248/2.0245 after
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On the chart of AUDCHF H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5242; the lower boundary 0.5231; the width of the pattern 11 points
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