signal strength 1 of 5

The Double Top pattern has been formed on EURUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0824 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of EURUSD M5. Features of the pattern: The lower line of the pattern has coordinates 1.1303 with the upper limit 1.1303/1.1299
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of GBPUSD M5. Features of the pattern: The lower line of the pattern has coordinates 1.3406 with the upper limit 1.3406/1.3399
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 GBPUSD M5. Characteristics: the support level 1.3391; the resistance level 1.3406; the width of the pattern 15 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window