signal strength 3 of 5
The Double Bottom pattern has been formed on USDJPY M30; the upper boundary is 145.12; the lower boundary is 144.78. The width of the pattern is 32 points. In case of a break of the upper boundary 145.12, 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.
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The 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 36.33
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 195.89; the lower boundary 195.18; the width of the pattern 71 points
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According to the chart of M5, EURUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.1500 and support 1.1491
The M5 and M15 time frames may have more false entry points.
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