signal strength 2 of 5

The Double Top pattern has been formed on AUDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6300 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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The Double Bottom pattern has been formed on EURNZD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
Open chart in a new windowAccording to the chart of M5, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 148.28 and support 147.30
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of EURNZD M15. Features of the pattern: The lower line of the pattern has coordinates 1.9443 with the upper limit 1.9443/1.9398
The M5 and M15 time frames may have more false entry points.
Open chart in a new window