signal strength 1 of 5
On the chart of USDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 147.81; the lower boundary 147.59; the width of the pattern 22 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 147.44 level.
The M5 and M15 time frames may have more false entry points.
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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 164.00
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8184 while the median line of the Neck is found
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The Double Bottom pattern has been formed on GBPCHF 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.
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