signal strength 3 of 5
The Double Top pattern has been formed on EURCAD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5720 is broken, the downward movement will continue.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Bearish pennant pattern has formed on the EURCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.9313 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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On the chart of the NZDUSD M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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 NZDUSD M30. Characteristics: the upper boundary 0.6066; the lower boundary 0.6051; the width of the pattern is 15 points. Sell trades
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