signal strength 1 of 5

On the chart of GBPAUD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0998; the lower boundary 2.0969; the width of the pattern 29 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 2.0954 level.
The M5 and M15 time frames may have more false entry points.
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On the chart of EURJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 169.03; the lower boundary 168.72; the width of the pattern 31 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of H1, USDCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.7957 while the median line of the Neck
Open chart in a new windowThe Double Top reversal pattern has been formed on EURNZD M5. Characteristics: the upper boundary 1.9334; the lower boundary 1.9314; the width of the pattern is 22 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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