signal strength 1 of 5
On the chart of USDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 147.81; the lower boundary 147.59; the width of the pattern 22 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 147.44 level.
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 196.38; the lower boundary 195.99; the width of the pattern 39 points
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The Double Top pattern has been formed on AUDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6464
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According to the chart of M15, GBPUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3314 and support 1.3298
The M5 and M15 time frames may have more false entry points.
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