signal strength 2 of 5
On the chart of NZDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.4971; the lower boundary 0.4952; the width of the pattern 19 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.4929 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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- EURJPY
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- GBPUSD
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According to the chart of M30, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 169.76/169.38
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The Double Top reversal pattern has been formed on AUDUSD M30. Characteristics: the upper boundary 0.6589; the lower boundary 0.6580; the width of the pattern is 8 points. Sell trades
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According to the chart of M15, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 169.76/169.38
The M5 and M15 time frames may have more false entry points.
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