signal strength 2 of 5
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 is broken, a change in the trend can be predicted with the first target point lying at the distance of 54 points.
The M5 and M15 time frames may have more false entry points.
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On the chart of EURJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 162.23; the lower boundary 161.48; the width of the pattern 75 points
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The Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6353; the resistance level 0.6366; the width of the pattern 13 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.6353
The M5 and M15 time frames may have more false entry points.
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