signal strength 4 of 5
The Double Bottom pattern has been formed on EURUSD H1; the upper boundary is 1.0830; the lower boundary is 1.0778. The width of the pattern is 53 points. In case of a break of the upper boundary 1.0830, 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.
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The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3049.86
The M5 and M15 time frames may have more false entry points.
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On the chart of USDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8845; the lower boundary 0.8834; the width of the pattern 11 points
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURNZD H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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