signal strength 1 of 5
The Double Bottom pattern has been formed on NZDCHF M5. 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 0.5003 is broken. The further movements will rely on the width of the current pattern 13 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, EURCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.9238 is breached. Here
The M5 and M15 time frames may have more false entry points.
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On the chart of EURJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 162.24; the lower boundary 162.05; the width of the pattern 19 points
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #MSFT M15 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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