signal strength 1 of 5

The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 184.35 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 84.75; the resistance level 84.92; the width of the pattern 17 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, #AMZN formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 186.15, the lower border is 184.83. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on #GOOG M15. Characteristics: the support level 160.09; the resistance level 168.07; the width of the pattern 798 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window