signal strength 1 of 5

The Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.14 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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According to the chart of M5, NZDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.4702/0.4708 and upper border is 0.4715/0.4708. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on NZDUSD M15; the upper boundary is 0.5833; the lower boundary is 0.5817. The width of the pattern is 18 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 198.67/198.78 and upper border is 198.91/198.78. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
Open chart in a new window