signal strength 1 of 5

The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 162.23 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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The Double Bottom pattern has been formed on NZDJPY H1; the upper boundary is 86.98; the lower boundary is 85.41. The width of the pattern is 154 points. In case
Open chart in a new windowThe Double Bottom pattern has been formed on NZDUSD M15. 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 Bottom pattern has been formed on USDJPY H1; the upper boundary is 144.23; the lower boundary is 143.50. The width of the pattern is 78 points. In case
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