signal strength 5 of 5

The Double Bottom pattern has been formed on EURNZD D1. Characteristics: the support level 1.8805; the resistance level 1.9150; the width of the pattern 345 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 328 points.
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The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 166.37
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 USDCHF M5. Characteristics: the upper boundary 0.8197; the lower boundary 0.8187; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5701; the resistance level 1.5724; the width of the pattern 23 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window