signal strength 1 of 5
The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5290; the resistance level 0.5301; the width of the pattern 11 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 11 points.
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDCAD H1. Characteristics: the upper boundary 0.9187; the lower boundary 0.9170; the width of the pattern is 16 points. Sell trades
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The Double Top reversal pattern has been formed on GBPJPY M30. Characteristics: the upper boundary 201.14; the lower boundary 200.86; the width of the pattern is 30 points. Sell trades
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The Double Top pattern has been formed on GBPUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3056
The M5 and M15 time frames may have more false entry points.
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