signal strength 2 of 5
The Double Bottom pattern has been formed on NZDUSD M15. Characteristics: the support level 0.5708; the resistance level 0.5719; the width of the pattern 11 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 12 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
- EURCHF
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- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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On the chart of NZDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 86.38; the lower boundary 85.80; the width of the pattern 58 points
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The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.1284; the resistance level 1.1300; the width of the pattern 16 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Head and Shoulders pattern. The Head’s top is set at 195.33 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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