signal strength 1 of 5
According to the chart of M5, USDJPY formed the Head and Shoulders pattern. The Head’s top is set at 150.87 while the median line of the Neck is found at 150.68/150.70. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of USDJPY will go towards 150.55.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 161.15/161.86 and upper border is 162.37/161.86. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the USDJPY M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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 M15; the upper boundary is 141.96; the lower boundary is 141.59. The width of the pattern is 41 points. In case
The M5 and M15 time frames may have more false entry points.
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