signal strength 1 of 5
On the chart of USDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8098; the lower boundary 0.8072; the width of the pattern 26 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8057 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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According to the chart of M5, SILVER formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 34.35/34.45 whereas the upper border goes across 34.55/34.45
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument USDJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 143.28, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the AUDCHF M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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