signal strength 3 of 5
On the chart of AUDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 94.20; the lower boundary 93.11; the width of the pattern 109 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 92.81 level.
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The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5548; the resistance level 1.5557; the width of the pattern 9 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 M30, NZDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 84.61 is breached. Here
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The 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 149.54
The M5 and M15 time frames may have more false entry points.
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