signal strength 2 of 5

The Double Top reversal pattern has been formed on EURNZD M15. Characteristics: the upper boundary 1.9236; the lower boundary 1.9179; the width of the pattern is 62 points. Sell trades are better to be opened below the lower boundary 1.9179 with a possible movements towards the 1.9157 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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The Double Top pattern has been formed on AUDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8910
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPJPY M15. Characteristics: the support level 192.79; the resistance level 193.07; the width of the pattern 28 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 92.46/92.24
The M5 and M15 time frames may have more false entry points.
Open chart in a new window