signal strength 1 of 5
The Double Top reversal pattern has been formed on #PEP M5. Characteristics: the upper boundary 146.09; the lower boundary 144.98; the width of the pattern is 113 points. Sell trades are better to be opened below the lower boundary 144.98 with a possible movements towards the 144.83 level.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- AUDCAD
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The Bearish pennant pattern has formed on the AUDCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.5526 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5459
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDUSD M15; the upper boundary is 0.5732; the lower boundary is 0.5706. The width of the pattern is 25 points. In case
The M5 and M15 time frames may have more false entry points.
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