signal strength 1 of 5
The Double Top pattern has been formed on AUDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6293 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCHF M5; the upper boundary is 0.8636; the lower boundary is 0.8590. The width of the pattern is 47 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPCHF M5. Characteristics: the support level 1.1336; the resistance level 1.1367; the width of the pattern 31 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.1337 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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