signal strength 1 of 5

According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 145.24/145.39 whereas the upper border goes across 145.49/145.39. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDJPY will breach the upper border to head for 145.54.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #NTDOY M15. Characteristics: the support level 22.14; the resistance level 22.25; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on #NTDOY M30. Characteristics: the support level 22.14; the resistance level 22.25; the width of the pattern 11 points. If the resistance level
Open chart in a new windowThe Double Bottom pattern has been formed on #NTDOY M30. Characteristics: the support level 22.14; the resistance level 22.25; the width of the pattern 11 points. If the resistance level
Open chart in a new window