signal strength 1 of 5

The Double Bottom pattern has been formed on AUDJPY M5. Characteristics: the support level 90.32; the resistance level 90.62; the width of the pattern 30 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 31 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The Double Top pattern has been formed on AUDCAD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8881
Open chart in a new windowAccording to the chart of M15, EURCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.5621 - 0.0000
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, EURCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.5599
The M5 and M15 time frames may have more false entry points.
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