signal strength 1 of 5
On the chart of the EURJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 162.34, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 24 points.
The M5 and M15 time frames may have more false entry points.
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The EURJPY M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 169.83, the Neckline and the upward angle are at 169.55/169.55. The formation
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1779
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 NZDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 87.71/87.71 after
The M5 and M15 time frames may have more false entry points.
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