signal strength 1 of 5
The Double Bottom pattern has been formed on AUDJPY M5; the upper boundary is 94.85; the lower boundary is 94.62. The width of the pattern is 23 points. In case of a break of the upper boundary 94.85, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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According to the chart of M5, GBPJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 190.30 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5609
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCHF 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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