signal strength 2 of 5

The Double Top pattern has been formed on USDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8450 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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The Double Bottom pattern has been formed on AUDCHF M30. Characteristics: the support level 0.5214; the resistance level 0.5244; the width of the pattern 30 points. If the resistance level
Open chart in a new windowAccording to the chart of M5, USDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3736/1.3766 and upper border is 1.3799/1.3766. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on USDJPY M5. It has the following characteristics: resistance level 146.54/146.53; support level 146.35/146.25; the width is 19 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new window