signal strength 2 of 5
According to the chart of M15, USDJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 143.17 while the median line of the Neck is found at 142.25/142.78. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of USDJPY will go towards 143.40
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 85.25; the resistance level 85.43; the width of the pattern 18 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #AMZN M5. Characteristics: the support level 200.37; the resistance level 201.93; the width of the pattern 156 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #MSFT M5. Characteristics: the support level 451.84; the resistance level 454.67; the width of the pattern 283 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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