signal strength 1 of 5
The Double Bottom pattern has been formed on EURUSD M5; the upper boundary is 1.0861; the lower boundary is 1.0810. The width of the pattern is 50 points. In case of a break of the upper boundary 1.0861, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
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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 1.5609
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According to the chart of M5, USDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 142.37
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 190.30 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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