signal strength 2 of 5
The Double Top pattern has been formed on NZDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.4842 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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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
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- EURJPY
- EURNZD
- EURRUB
- EURUSD
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- GBPJPY
- GBPUSD
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The Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.5615; the lower boundary is 1.5607. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on NZDJPY M5. It has the following characteristics: resistance level 86.60/86.57; support level 86.49/86.48; the width is 11 points. In the event
The M5 and M15 time frames may have more false entry points.
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On the chart of EURNZD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.8950; the lower boundary 1.8925; the width of the pattern 25 points
The M5 and M15 time frames may have more false entry points.
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