signal strength 1 of 5
The Double Top reversal pattern has been formed on EURNZD M5. Characteristics: the upper boundary 1.8869; the lower boundary 1.8843; the width of the pattern is 25 points. Sell trades are better to be opened below the lower boundary 1.8843 with a possible movements towards the 1.8828 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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- AUDCAD
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- USDCAD
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According to the chart of M5, SILVER formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument EURCHF M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.9569, with the prospect
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.9539 while the median line of the Neck
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