signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 161.95 and 161.75 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 20 pips. Outlook: If the upper border 161.95 is broken, the price is likely to continue its move by 162.01.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on SILVER M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 33.38
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The Double Bottom pattern has been formed on EURNZD M30. Characteristics: the support level 1.8964; the resistance level 1.8997; the width of the pattern 33 points. If the resistance level
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On the chart of SILVER M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 33.49; the lower boundary 33.38; the width of the pattern 115 points
The M5 and M15 time frames may have more false entry points.
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