signal strength 1 of 5

The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 193.30; the lower boundary is 193.06. The width of the pattern is 24 points. In case of a break of the upper boundary 193.30, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
- Rectangle
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- #AAPL
- #AMZN
- #Bitcoin
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- #FB
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- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- SILVER
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The Double Bottom pattern has been formed on #PEP D1; the upper boundary is 133.04; the lower boundary is 127.62. The width of the pattern is 530 points. In case
Open chart in a new windowThe Double Bottom pattern has been formed on #PEP D1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
Open chart in a new windowThe Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 169.07
The M5 and M15 time frames may have more false entry points.
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