signal strength 2 of 5
The Double Top pattern has been formed on USDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3988 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has been formed on AUDCHF M15. It has the following characteristics: resistance level 0.5254/0.5251; support level 0.5240/0.5241; the width is 14 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the NZDJPY M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPAUD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0857 and support 2.0824
The M5 and M15 time frames may have more false entry points.
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