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 Bullish Flag pattern which signals continuation of a trend has been formed on the chart GBPUSD H1. Forecast: if the price breaks above the pattern high at 1.3592, then
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The Bullish pennant pattern is formed on the GBPUSD H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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The Double Bottom pattern has been formed on AUDCAD M5. Characteristics: the support level 0.8862; the resistance level 0.8872; the width of the pattern 10 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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