signal strength 3 of 5

On the chart of AUDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 93.07; the lower boundary 92.84; the width of the pattern 23 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 92.54 level.
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The Triple Bottom pattern has formed on the chart of AUDJPY M30. Features of the pattern: The lower line of the pattern has coordinates 94.65 with the upper limit 94.65/94.63
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of AUDJPY M15. Features of the pattern: The lower line of the pattern has coordinates 94.65 with the upper limit 94.65/94.63
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 EURCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.6019
The M5 and M15 time frames may have more false entry points.
Open chart in a new window