signal strength 1 of 5
The Double Bottom pattern has been formed on USDJPY 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 149.29 is broken. The further movements will rely on the width of the current pattern 15 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
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- AUDCAD
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- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
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- EURNZD
- EURRUB
- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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The Bullish pennant signal – Trading instrument #KO H1, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 74.05, with the prospect
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According to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 81178.46/81904.02 and upper border is 82588.16/81904.02. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #FB H1 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 535.05 is broken through. Recommendations: Place
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