signal strength 2 of 5
The Double Bottom pattern has been formed on USDCAD M15. 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 1.4318 is broken. The further movements will rely on the width of the current pattern 102 points.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 92.85
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURGBP formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8409
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 144.12 and support 143.84
The M5 and M15 time frames may have more false entry points.
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