signal strength 2 of 5

The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 193.77; the lower boundary 193.55; the width of the pattern is 22 points. Sell trades are better to be opened below the lower boundary 193.55 with a possible movements towards the 193.32 level.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- #AAPL
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- AUDCAD
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The Double Bottom pattern has been formed on #PEP D1; the upper boundary is 133.04; the lower boundary is 127.62. The width of the pattern is 530 points. In case
Open chart in a new windowThe Double Bottom pattern has been formed on #PEP D1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
Open chart in a new windowThe Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 169.07
The M5 and M15 time frames may have more false entry points.
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