signal strength 1 of 5

The Double Top reversal pattern has been formed on EURJPY M5. Characteristics: the upper boundary 161.54; the lower boundary 161.35; the width of the pattern is 18 points. Sell trades are better to be opened below the lower boundary 161.35 with a possible movements towards the 161.20 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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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 0.6280
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPAUD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0468 - 0.0000
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 USDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 150.29 with the upper limit 150.29/150.27
The M5 and M15 time frames may have more false entry points.
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