signal strength 1 of 5
On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 196.04; the lower boundary 195.96; the width of the pattern 8 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 195.81 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 USDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3715
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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On the chart of AUDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 94.55; the lower boundary 94.18; the width of the pattern 37 points
The M5 and M15 time frames may have more false entry points.
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