signal strength 1 of 5
The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 86.17; the lower boundary 85.99; the width of the pattern is 18 points. Sell trades are better to be opened below the lower boundary 85.99 with a possible movements towards the 85.84 level.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 142.80
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPUSD M15. Characteristics: the upper boundary 1.3556; the lower boundary 1.3537; the width of the pattern is 17 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1412
The M5 and M15 time frames may have more false entry points.
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