signal strength 3 of 5
The Bearish Flag pattern has been formed on EURJPY at M30. The lower boundary of the pattern is located at 162.05/162.27 while the upper boundary lies at 162.33/162.55. The projection of the flagpole is 88 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 162.05 is broken, the price will move further downwards.
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- Flag
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- Rectangle
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- Triple top
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According to the chart of M5, USDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.3823/1.3832 whereas the upper border goes across 1.3842/1.3832
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of EURUSD M5. Features of the pattern: The lower line of the pattern has coordinates 1.1379 with the upper limit 1.1379/1.1369
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3816/1.3832 and upper border is 1.3851/1.3832. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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