signal strength 2 of 5
The Double Bottom pattern has been formed on USDCAD M15; the upper boundary is 1.4297; the lower boundary is 1.4269. The width of the pattern is 27 points. In case of a break of the upper boundary 1.4297, 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.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5548; the resistance level 1.5557; the width of the pattern 9 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 M30, NZDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 84.61 is breached. Here
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The Double Top pattern has been formed on USDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 149.54
The M5 and M15 time frames may have more false entry points.
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