signal strength 1 of 5
The Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 81.33 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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On the chart of EURGBP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8577; the lower boundary 0.8563; the width of the pattern 14 points
The M5 and M15 time frames may have more false entry points.
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On the chart of EURNZD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.9084; the lower boundary 1.9056; the width of the pattern 28 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 90.64/90.78 whereas the upper border goes across 90.96/90.78
The M5 and M15 time frames may have more false entry points.
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