signal strength 2 of 5

On the chart of EURCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5778; the lower boundary 1.5675; the width of the pattern 103 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.5653 level.
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, GBPAUD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2.0676/2.0737 whereas the upper border goes across 2.0811/2.0737
Open chart in a new windowThe Double Top pattern has been formed on USDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 145.24
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M30, GBPAUD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 2.0811 and 2.0676 are the coordinates
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