signal strength 1 of 5
According to the chart of M5, EURGBP formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8354 while the median line of the Neck is found at 0.8350/0.8352. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of EURGBP will go towards 0.8369
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on SILVER H1. Characteristics: the upper boundary 31.26; the lower boundary 30.54; the width of the pattern is 765 points. Sell trades
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The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3182.64
The M5 and M15 time frames may have more false entry points.
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