signal strength 1 of 5
The Double Bottom pattern has been formed on #AMZN M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 186.91 is broken. The further movements will rely on the width of the current pattern 226 points.
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on EURGBP M15. Characteristics: the upper boundary 0.8518; the lower boundary 0.8510; the width of the pattern is 8 points. Sell trades
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. Characteristics: the support level 0.8107; the resistance level 0.8131; the width of the pattern 24 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3631 and 1.3497 are the coordinates
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