signal strength 4 of 5
The Double Top pattern has been formed on AUDJPY H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 94.50 is broken, the downward movement will continue.
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The Double Bottom pattern has been formed on GBPJPY M5. 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.
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According to the chart of M5, USDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 150.88 - 0.00
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 150.72; the resistance level 150.87; the width of the pattern 15 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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