signal strength 1 of 5
According to the chart of M5, EURUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.1353/1.1399 and upper border is 1.1441/1.1399. The pattern width is measured on the chart at -88 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURUSD breaches the lower border, the price could continue its move toward 1.1384.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURUSD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY H1. Characteristics: the support level 141.99; the resistance level 142.77; the width of the pattern 78 points. If the resistance level
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The Double Top reversal pattern has been formed on #PEP M5. Characteristics: the upper boundary 134.35; the lower boundary 133.68; the width of the pattern is 69 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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