signal strength 1 of 5

The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1056 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 198.94; the lower boundary 198.24; the width of the pattern 70 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 198.93; the lower boundary 198.81; the width of the pattern is 13 points. Sell trades
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 GBPUSD M15; the upper boundary is 1.3489; the lower boundary is 1.3449. The width of the pattern is 42 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window