signal strength 1 of 5

On the chart of EURJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 168.57; the lower boundary 168.36; the width of the pattern 21 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 168.21 level.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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According to the chart of M15, NZDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.4790 - 0.0000
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M30, NZDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.4776
Open chart in a new windowThe Double Top pattern has been formed on AUDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8996
The M5 and M15 time frames may have more false entry points.
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