signal strength 1 of 5

The Double Top pattern has been formed on USDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 149.54 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 142.08; the resistance level 142.71; the width of the pattern 63 points. If the resistance level
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 GBPCHF M30; the upper boundary is 1.0725; the lower boundary is 1.0613. The width of the pattern is 110 points. In case
Open chart in a new windowThe Double Bottom pattern has been formed on GBPCHF H1; the upper boundary is 1.0725; the lower boundary is 1.0613. The width of the pattern is 110 points. In case
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