signal strength 4 of 5
The Double Top reversal pattern has been formed on SILVER H1. Characteristics: the upper boundary 36.56; the lower boundary 35.84; the width of the pattern is 695 points. Sell trades are better to be opened below the lower boundary 35.84 with a possible movements towards the 35.80 level.
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- Triple top
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The Triple Bottom pattern has formed on the chart of the GBPJPY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Head and Shoulders pattern. The Head’s top is set at 0.4818 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 199.19 - 0.00
The M5 and M15 time frames may have more false entry points.
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