signal strength 1 of 5

The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 198.86 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 199.63
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 199.95; the lower boundary 199.63; the width of the pattern is 30 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on NZDCAD M15. Characteristics: the support level 0.8158; the resistance level 0.8166; the width of the pattern 8 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window