signal strength 2 of 5
The Double Bottom pattern has been formed on EURJPY M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 162.81 is broken. The further movements will rely on the width of the current pattern 17 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, GBPCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.0950 is likely to encourage a continuation
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The Double Top reversal pattern has been formed on NZDUSD M15. Characteristics: the upper boundary 0.6036; the lower boundary 0.6005; the width of the pattern is 30 points. Sell trades
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 SILVER M15. Characteristics: the upper boundary 35.94; the lower boundary 35.87; the width of the pattern is 70 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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