signal strength 3 of 5
The Double Top reversal pattern has been formed on NZDUSD M30. Characteristics: the upper boundary 0.5744; the lower boundary 0.5731; the width of the pattern is 12 points. Sell trades are better to be opened below the lower boundary 0.5731 with a possible movements towards the 0.5701 level.
Vea asimismo
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
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- M5
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According to the chart of M5, EURJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 163.76 and support 163.61
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 143.68
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #MCD M5; the upper boundary is 310.46; the lower boundary is 309.35. The width of the pattern is 120 points. In case
The M5 and M15 time frames may have more false entry points.
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