signal strength 2 of 5

On the chart of GBPCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1137; the lower boundary 1.1122; the width of the pattern 15 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.1099 level.
The M5 and M15 time frames may have more false entry points.
See Also
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According to the chart of M5, GBPUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3346 and support 1.3336
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3337
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on GBPCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0727
The M5 and M15 time frames may have more false entry points.
Open chart in a new window