signal strength 1 of 5

The Double Bottom pattern has been formed on USDJPY 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 145.61 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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- AUDCAD
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The Double Bottom pattern has been formed on USDCAD M5; the upper boundary is 1.3591; the lower boundary is 1.3576. The width of the pattern is 14 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GOLD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 3412.49
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on EURGBP M15. Characteristics: the upper boundary 0.8518; the lower boundary 0.8510; the width of the pattern is 8 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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