signal strength 1 of 5

The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1056 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5921/0.5931 whereas the upper border goes across 0.5941/0.5931
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, NZDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8165/0.8184 and upper border is 0.8197/0.8184. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of NZDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 84.95; the lower boundary 84.77; the width of the pattern 18 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new window