signal strength 4 of 5
The Double Bottom pattern has been formed on GBPCHF H1; the upper boundary is 1.1119; the lower boundary is 1.0904. The width of the pattern is 221 points. In case of a break of the upper boundary 1.1119, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
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The Bearish Flag pattern has been formed on the chart NZDCAD H1 which signals that the downward trend will continue. If the price breaks below the low at 0.8194, then
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The Bearish pennant pattern has formed on the NZDCAD H1 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.8194 is broken through. Recommendations: Place
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The Double Top reversal pattern has been formed on EURUSD M5. Characteristics: the upper boundary 1.1395; the lower boundary 1.1385; the width of the pattern is 10 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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