signal strength 1 of 5

On the chart of SILVER M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 33.67; the lower boundary 33.56; the width of the pattern 110 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 33.55 level.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCHF M15. Characteristics: the support level 0.9296; the resistance level 0.9336; the width of the pattern 40 points. If the resistance level
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 EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 161.85
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 EURCHF M5. Characteristics: the support level 0.9296; the resistance level 0.9336; the width of the pattern 40 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window