signal strength 3 of 5

The Double Bottom pattern has been formed on EURGBP M30. Characteristics: the support level 0.8532; the resistance level 0.8541; the width of the pattern 9 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 8 points.
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- Double Top
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- AUDCAD
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The Double Top pattern has been formed on EURCAD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5720
Open chart in a new windowAccording to the chart of M5, NZDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5921 is breached. Here
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.9334/0.9344 whereas the upper border goes across 0.9351/0.9344
The M5 and M15 time frames may have more false entry points.
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