signal strength 1 of 5

On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 187.89; the lower boundary 187.46; the width of the pattern 43 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 187.31 level.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
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According to the chart of M5, USDCAD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3994, the lower border is 1.3981. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, EURNZD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.8961
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on USDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3982
The M5 and M15 time frames may have more false entry points.
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