signal strength 1 of 5
The Double Bottom pattern has been formed on EURCHF M5; the upper boundary is 0.9263; the lower boundary is 0.9249. The width of the pattern is 14 points. In case of a break of the upper boundary 0.9263, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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- EURRUB
- EURUSD
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The Double Top reversal pattern has been formed on GBPUSD M30. Characteristics: the upper boundary 1.3558; the lower boundary 1.3516; the width of the pattern is 42 points. Sell trades
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The Double Top reversal pattern has been formed on EURCHF M5. Characteristics: the upper boundary 0.9349; the lower boundary 0.9339; the width of the pattern is 10 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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