signal strength 1 of 5
On the chart of EURJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 161.00; the lower boundary 158.99; the width of the pattern 201 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 158.84 level.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8174
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9299
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Double Bottom pattern has been formed on NZDJPY M15. Characteristics: the support level 84.31; the resistance level 84.49; 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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