signal strength 2 of 5

The Double Top reversal pattern has been formed on EURNZD M15. Characteristics: the upper boundary 1.8873; the lower boundary 1.8843; the width of the pattern is 29 points. Sell trades are better to be opened below the lower boundary 1.8843 with a possible movements towards the 1.8821 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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- GBPAUD
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- GBPJPY
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- USDCAD
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The Triple Bottom pattern has formed on the chart of USDCAD M30. Features of the pattern: The lower line of the pattern has coordinates 1.4312 with the upper limit 1.4312/1.4297
Open chart in a new windowOn the chart of AUDUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6312; the lower boundary 0.6305; the width of the pattern 7 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 162.23
The M5 and M15 time frames may have more false entry points.
Open chart in a new window