signal strength 3 of 5
The Double Bottom pattern has been formed on USDCAD M30. Characteristics: the support level 1.4270; the resistance level 1.4312; the width of the pattern 42 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 42 points.
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On the chart of EURCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5769; the lower boundary 1.5759; the width of the pattern 10 points
The M5 and M15 time frames may have more false entry points.
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On the chart of EURCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5772; the lower boundary 1.5759; the width of the pattern 13 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8174
The M5 and M15 time frames may have more false entry points.
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