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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According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3565 and 1.3537 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 92.50 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDUSD formed the Head and Shoulders pattern. The Head’s top is set at 0.6510 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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