signal strength 4 of 5
The Double Bottom pattern has been formed on EURCAD H1; the upper boundary is 1.5448; the lower boundary is 1.5428. The width of the pattern is 20 points. In case of a break of the upper boundary 1.5448, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
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The Double Top pattern has been formed on EURUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1158
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.4734 - 0.0000
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9219
The M5 and M15 time frames may have more false entry points.
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