signal strength 1 of 5
According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 143.47/143.69 whereas the upper border goes across 143.98/143.69. 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 USDJPY will breach the upper border to head for 143.84.
The M5 and M15 time frames may have more false entry points.
See Also
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart #KO M5. Forecast: if the price breaks above the pattern high at 71.34, then
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GOLD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 3311.08 is breached. Here
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 87.92, the lower border is 87.80. The signal means
The M5 and M15 time frames may have more false entry points.
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