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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- Double Top
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- AUDCAD
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- EURCAD
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- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
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- NZDUSD
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The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 188.84; the lower boundary is 188.74. The width of the pattern is 9 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 2.0800; the lower boundary 2.0779; the width of the pattern is 21 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 2.0803; the lower boundary 2.0737; the width of the pattern is 63 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window