signal strength 1 of 5

The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 192.83 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of EURUSD M15. There are weighty reasons to suggest that the price will surpass the Neckline 1.1667/1.1675 after
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe EURCAD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.6055, the Neckline and the upward angle are at 1.6015/1.6019. The formation
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 198.57; the lower boundary 197.98; the width of the pattern 59 points
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