signal strength 1 of 5

On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 194.03; the lower boundary 193.79; the width of the pattern 24 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 193.64 level.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, GBPUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3399
Open chart in a new windowAccording to the chart of M15, GBPUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3440, the lower border is 1.3399. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of EURJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 168.57; the lower boundary 168.36; the width of the pattern 21 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new window