signal strength 1 of 5

On the chart of #MA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 520.28; the lower boundary 518.50; the width of the pattern 178 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 518.35 level.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDJPY H1; the upper boundary is 86.98; the lower boundary is 85.41. The width of the pattern is 154 points. In case
Open chart in a new windowThe Double Bottom pattern has been formed on NZDUSD M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on USDJPY H1; the upper boundary is 144.23; the lower boundary is 143.50. The width of the pattern is 78 points. In case
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