signal strength 1 of 5

The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 166.25; the lower boundary is 166.10. The width of the pattern is 16 points. In case of a break of the upper boundary 166.25, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit 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 EURCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.6040
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on NZDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8296
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.6057; the lower boundary 1.6040; the width of the pattern is 16 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window