signal strength 1 of 5

On the chart of USDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 144.19; the lower boundary 144.05; the width of the pattern 14 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 143.90 level.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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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 1.0831
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of GBPAUD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0742; the lower boundary 2.0731; the width of the pattern 11 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 86.39
The M5 and M15 time frames may have more false entry points.
Open chart in a new window