signal strength 1 of 5

The Double Bottom pattern has been formed on USDJPY M5. 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 146.98 is broken. The further movements will rely on the width of the current pattern 29 points.
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on EURCAD H1. It has the following characteristics: resistance level 1.5576/1.5534; support level 1.5486/1.5507; the width is 90 points. In the event
Open chart in a new windowThe Double Top reversal pattern has been formed on AUDJPY M5. Characteristics: the upper boundary 94.88; the lower boundary 94.74; the width of the pattern is 15 points. Sell trades
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 GBPAUD 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.
Open chart in a new window