signal strength 1 of 5

The Double Bottom pattern has been formed on #NTDOY 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 19.77 is broken. The further movements will rely on the width of the current pattern 12 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The Double Top pattern has been formed on AUDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 93.23
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 93.81; the lower boundary 93.23; the width of the pattern is 57 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the GBPUSD M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
Open chart in a new window