signal strength 4 of 5
On the chart of NZDJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 86.62; the lower boundary 86.28; the width of the pattern 34 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 85.88 level.
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According to the chart of M15, GBPUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3276, the lower border is 1.3248. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3264
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 85.51 and 84.82 are the coordinates
The M5 and M15 time frames may have more false entry points.
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