signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 166.49, the lower border is 166.34. The signal means that a short position should be opened after fixing a price below the lower border 166.34 of the Bearish Rectangle.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Double Bottom pattern has been formed on NZDUSD M5; the upper boundary is 0.5826; the lower boundary is 0.5820. The width of the pattern is 6 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0831
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPAUD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0742; the lower boundary 2.0731; the width of the pattern 11 points
The M5 and M15 time frames may have more false entry points.
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