signal strength 2 of 5

The Double Top pattern has been formed on GBPJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 193.33 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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On the chart of SILVER M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 33.49; the lower boundary 33.38; the width of the pattern 115 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on AUDJPY M5. Characteristics: the upper boundary 92.90; the lower boundary 92.73; the width of the pattern is 18 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 GBPAUD M5. Characteristics: the support level 2.0800; the resistance level 2.0820; the width of the pattern 20 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window