signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of USDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 148.35 with the upper limit 148.35/147.90, the projection of the width is 65 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 147.70, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the EURNZD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #PEP M30. Characteristics: the support level 130.15; the resistance level 131.34; the width of the pattern 119 points. If the resistance level
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The Double Bottom pattern has been formed on #PEP M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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