signal strength 1 of 5

According to the chart of M5, USDCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.4261 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -58 pips.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M15. Characteristics: the support level 148.74; the resistance level 149.26; the width of the pattern 52 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPJPY M15. Characteristics: the support level 192.71; the resistance level 193.38; the width of the pattern 67 points. If the resistance level
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 SILVER M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 34.30
The M5 and M15 time frames may have more false entry points.
Open chart in a new window