signal strength 1 of 5

The Double Bottom pattern has been formed on USDCHF M5; the upper boundary is 0.8304; the lower boundary is 0.8291. The width of the pattern is 13 points. In case of a break of the upper boundary 0.8304, 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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- Double Top
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- AUDCAD
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- EURNZD
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The Double Top pattern has been formed on AUDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5235
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe GBPCHF M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.1015, the Neckline and the upward angle are at 1.0983/1.0982. The formation
Open chart in a new windowOn the chart of EURNZD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.9344; the lower boundary 1.9285; the width of the pattern 59 points
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