signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 161.35/161.59 whereas the upper border goes across 161.79/161.59. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURJPY will breach the upper border to head for 161.74.
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. Trading recommendations: A breach of the lower border 162.73 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCAD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.5603 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8943 - 0.0000
The M5 and M15 time frames may have more false entry points.
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