signal strength 1 of 5

The Double Top pattern has been formed on NZDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8162 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on USDJPY at M15. The lower boundary of the pattern is located at 142.45/142.61 while the upper boundary lies at 142.59/142.75. The projection
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the USDJPY M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 142.45 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5671; the lower boundary 1.5609; the width of the pattern is 61 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window