signal strength 1 of 5
On the chart of EURGBP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8422; the lower boundary 0.8415; the width of the pattern 7 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8400 level.
The M5 and M15 time frames may have more false entry points.
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- Flag
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- Pennant
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- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
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- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
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- USDCAD
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- USDRUB
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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 1.6016
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.6026; the lower boundary 1.6010; the width of the pattern is 17 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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