signal strength 1 of 5

On the chart of USDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.4331; the lower boundary 1.4319; the width of the pattern 12 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.4304 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 USDJPY M5. Characteristics: the support level 150.72; the resistance level 150.87; the width of the pattern 15 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, AUDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.5549 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish Flag pattern has been formed on the chart NZDCHF M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
Open chart in a new window