signal strength 1 of 5

The Double Top reversal pattern has been formed on GOLD M5. Characteristics: the upper boundary 3021.21; the lower boundary 3015.56; the width of the pattern is 594 points. Sell trades are better to be opened below the lower boundary 3015.56 with a possible movements towards the 3015.41 level.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 150.46
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 USDJPY M5. Characteristics: the upper boundary 150.63; the lower boundary 150.46; the width of the pattern is 16 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. Characteristics: the support level 1.2926; the resistance level 1.2945; the width of the pattern 19 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window