signal strength 2 of 5

The 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 0.8713 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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The Double Bottom pattern has been formed on EURCHF M5. Characteristics: the support level 0.9343; the resistance level 0.9349; the width of the pattern 6 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 GBPUSD M5; the upper boundary is 1.3631; the lower boundary is 1.3609. The width of the pattern is 22 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, GBPCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.0950
The M5 and M15 time frames may have more false entry points.
Open chart in a new window