signal strength 1 of 5

On the chart of SILVER M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 33.89; the lower boundary 33.85; the width of the pattern 35 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 33.84 level.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 88.49; the resistance level 88.56; the width of the pattern 7 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, #PEP produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 143.96 while the median line of the Neck
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 D1. Characteristics: the upper boundary 199.80; the lower boundary 198.07; the width of the pattern is 187 points. Sell trades
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