signal strength 1 of 5

The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 161.85 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.0943; the lower boundary 1.0930; the width of the pattern 13 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M30, AUDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5323 - 0.0000
Open chart in a new windowAccording to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 190.83 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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