signal strength 1 of 5

The Double Bottom pattern has been formed on EURJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 164.73 is broken. The further movements will rely on the width of the current pattern 20 points.
The M5 and M15 time frames may have more false entry points.
Vea asimismo
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
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According to the chart of M5, EURGBP formed the Head and Shoulders pattern. The Head’s top is set at 0.8636 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, #Bitcoin produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 107290.48 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, AUDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 94.51 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
Open chart in a new window