signal strength 2 of 5
The Double Bottom pattern has been formed on USDJPY M15; the upper boundary is 142.30; the lower boundary is 142.14. The width of the pattern is 17 points. In case of a break of the upper boundary 142.30, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8274 and support 0.8253
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According to the chart of M15, USDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8361/0.8346
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.3344 is breached. Here
The M5 and M15 time frames may have more false entry points.
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