signal strength 2 of 5

The 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 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- EURNZD
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According to the chart of M15, GBPUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3481
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3481
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 GBPAUD M5. Characteristics: the support level 2.0418; the resistance level 2.0442; the width of the pattern 24 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window