signal strength 1 of 5
The Double Top pattern has been formed on EURCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5770 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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- AUDCAD
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The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5343; the resistance level 0.5362; the width of the pattern 19 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the GBPUSD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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 M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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