signal strength 1 of 5

The Double Bottom pattern has been formed on AUDCAD M5. 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 0.8602 is broken. The further movements will rely on the width of the current pattern 62 points.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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 EURJPY M5; the upper boundary is 163.51; the lower boundary is 163.30. The width of the pattern is 22 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe USDCAD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.3941, the Neckline and the upward angle are at 1.3919/1.3917. The formation
The M5 and M15 time frames may have more false entry points.
Open chart in a new window