signal strength 1 of 5

The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1418 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.0771, the lower border is 1.0754. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.0771, the lower border is 1.0754. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, USDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8138, the lower border is 0.8120. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new window