signal strength 1 of 5

The Double Bottom pattern has been formed on EURJPY M5. Characteristics: the support level 161.27; the resistance level 161.42; the width of the pattern 15 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 16 points.
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 193.52; the lower boundary 192.79; the width of the pattern 73 points
Open chart in a new windowThe Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 142.47; the resistance level 142.83; the width of the pattern 36 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPJPY M30. Characteristics: the upper boundary 193.56; the lower boundary 192.79; the width of the pattern is 73 points. Sell trades
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