signal strength 2 of 5

The Double Top pattern has been formed on USDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 149.73 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 86.35; the resistance level 86.60; the width of the pattern 25 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on NZDCAD M5. Characteristics: the support level 0.8098; the resistance level 0.8118; the width of the pattern 20 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6478; the resistance level 0.6485; the width of the pattern 7 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window