signal strength 1 of 5
The Double Bottom pattern has been formed on USDJPY 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 149.29 is broken. The further movements will rely on the width of the current pattern 15 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- Triple top
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- AUDCAD
- AUDCHF
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- EURCAD
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- EURNZD
- EURRUB
- EURUSD
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The Double Bottom pattern has been formed on GBPUSD M30. Characteristics: the support level 1.3379; the resistance level 1.3420; the width of the pattern 41 points. If the resistance level
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The Triple Top pattern has formed on the chart of the USDJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8226 is breached. Here
The M5 and M15 time frames may have more false entry points.
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