signal strength 2 of 5

On the chart of #EBAY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 67.15; the lower boundary 66.88; the width of the pattern 27 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 66.65 level.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 150.46
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on USDJPY M5. Characteristics: the upper boundary 150.63; the lower boundary 150.46; the width of the pattern is 16 points. Sell trades
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 M15. Characteristics: the support level 1.2926; the resistance level 1.2945; the width of the pattern 19 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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