signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of GBPJPY M5. Features of the pattern: The lower line of the pattern has coordinates 191.85 with the upper limit 191.85/191.40, the projection of the width is 73 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 191.12, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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The Double Top reversal pattern has been formed on GBPJPY M30. Characteristics: the upper boundary 193.56; the lower boundary 192.79; the width of the pattern is 73 points. Sell trades
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The Double Top reversal pattern has been formed on EURJPY M5. Characteristics: the upper boundary 162.71; the lower boundary 162.61; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDUSD M5. Characteristics: the upper boundary 0.6466; the lower boundary 0.6460; the width of the pattern is 6 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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