signal strength 1 of 5
The Double Bottom pattern has been formed on #NTDOY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 16.76 is broken. The further movements will rely on the width of the current pattern 18 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3467/1.3422
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on USDCHF M5. Characteristics: the upper boundary 0.8263; the lower boundary 0.8257; the width of the pattern is 6 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURGBP formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8432 is breached. Here
The M5 and M15 time frames may have more false entry points.
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