signal strength 1 of 5
The Double Top reversal pattern has been formed on USDJPY M5. Characteristics: the upper boundary 140.98; the lower boundary 140.57; the width of the pattern is 42 points. Sell trades are better to be opened below the lower boundary 140.57 with a possible movements towards the 140.42 level.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8304 - 0.0000
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCHF M5; the upper boundary is 0.8304; the lower boundary is 0.8291. The width of the pattern is 13 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Head and Shoulders pattern. The Head’s top is set at 164.23 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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