Inverse Head and Shoulder
was formed on 09.04 at 15:44:50 (UTC+0)
signal strength 1 of 5

According to the chart of M5, EURJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 160.29 while the median line of the Neck is found at 159.45/159.79. 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 EURJPY will go towards 160.44

The M5 and M15 time frames may have more false entry points.

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Figure

Instrument

All
Bearish Rectangle
Bearish Symmetrical Triangle
Bearish Symmetrical Triangle
Bullish Rectangle
Double Top
Double Top
Triple Bottom
Triple Bottom
Triple Top
Triple Top

Timeframe

Trend

All
Buy
Sale

Signal Strength

Triple Top
was formed on 02.05 at 11:00:30 (UTC+0)
signal strength 4 of 5

The Triple Top pattern has formed on the chart of the EURJPY H1 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -7, support level -19

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Triple Top
was formed on 02.05 at 11:00:11 (UTC+0)
signal strength 3 of 5

The Triple Top pattern has formed on the chart of the EURJPY M30 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -7, support level -19

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Double Bottom
was formed on 02.05 at 10:41:00 (UTC+0)
signal strength 1 of 5

The Double Bottom pattern has been formed on EURCHF M5. Characteristics: the support level 0.9361; the resistance level 0.9382; the width of the pattern 21 points. If the resistance level

The M5 and M15 time frames may have more false entry points.

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