signal strength 2 of 5
The Double Top reversal pattern has been formed on NZDCAD M15. Characteristics: the upper boundary 0.8209; the lower boundary 0.8166; the width of the pattern is 43 points. Sell trades are better to be opened below the lower boundary 0.8166 with a possible movements towards the 0.8144 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M30, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 85.51/85.22
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According to the chart of M15, GBPUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3276, the lower border is 1.3248. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3264
The M5 and M15 time frames may have more false entry points.
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