signal strength 2 of 5

On the chart of USDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 143.88; the lower boundary 142.81; the width of the pattern 107 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 142.59 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Rectangle
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- Triple top
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The Double Bottom pattern has been formed on AUDUSD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on GBPAUD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2.0557
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, NZDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.4790 - 0.0000
The M5 and M15 time frames may have more false entry points.
Open chart in a new window