signal strength 1 of 5
The Double Top reversal pattern has been formed on EURJPY M5. Characteristics: the upper boundary 162.71; the lower boundary 162.61; the width of the pattern is 11 points. Sell trades are better to be opened below the lower boundary 162.61 with a possible movements towards the 162.46 level.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 94.50 and 94.13 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5982/0.5990 whereas the upper border goes across 0.5998/0.5990
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5983
The M5 and M15 time frames may have more false entry points.
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