signal strength 1 of 5
The Double Top pattern has been formed on NZDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5885 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to the chart of M5, NZDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 87.66, the lower border is 87.57. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 87.66; the lower boundary 87.57; the width of the pattern is 9 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Double Top reversal pattern has been formed on AUDUSD M5. Characteristics: the upper boundary 0.6615; the lower boundary 0.6602; the width of the pattern is 13 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
