signal strength 2 of 5

The Double Bottom pattern has been formed on USDCHF M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.8345 is broken. The further movements will rely on the width of the current pattern 27 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- Pennant
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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The Double Bottom pattern has been formed on USDCAD M30; the upper boundary is 1.3778; the lower boundary is 1.3724. The width of the pattern is 54 points. In case
Open chart in a new windowThe Double Top pattern has been formed on AUDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 94.26
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.5893/1.5901 whereas the upper border goes across 1.5911/1.5901
The M5 and M15 time frames may have more false entry points.
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