signal strength 1 of 5
The Double Bottom pattern has been formed on GBPJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 195.31 is broken. The further movements will rely on the width of the current pattern 19 points.
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 187.89; the lower boundary 187.48; the width of the pattern is 42 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.9262 - 0.0000
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDJPY M5. Characteristics: the upper boundary 90.28; the lower boundary 89.87; the width of the pattern is 44 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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