signal strength 4 of 5

According to the chart of H1, NZDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 85.24 – 85.24 and upper border 85.71 – 85.71. In case the lower border is broken, the instrument is likely to follow the downward trend.
Vea asimismo
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- Double Top
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- Rectangle
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The Double Top pattern has been formed on SILVER M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 36.33
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 195.89; the lower boundary 195.18; the width of the pattern 71 points
Open chart in a new windowAccording to the chart of M5, EURUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.1500 and support 1.1491
The M5 and M15 time frames may have more false entry points.
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