signal strength 2 of 5

The Double Top pattern has been formed on EURCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5459 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the USDCAD M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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 NZDJPY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 85.66 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 USDJPY M15. Characteristics: the upper boundary 143.46; the lower boundary 143.17; the width of the pattern is 29 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window