signal strength 4 of 5
The Double Top pattern has been formed on EURCAD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5393 is broken, the downward movement will continue.
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According to the chart of M15, GBPUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3591 and support 1.3576
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPUSD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3589; the lower boundary 1.3576; the width of the pattern 13 points
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 EURUSD M15. Characteristics: the upper boundary 1.1586; the lower boundary 1.1576; the width of the pattern is 9 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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