signal strength 3 of 5
The Double Top pattern has been formed on NZDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5997 is broken, the downward movement will continue.
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- Pennant
- Rectangle
- Triangle
- Triple top
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On the chart of AUDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 93.07; the lower boundary 92.84; the width of the pattern 23 points
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According to the chart of M15, EURNZD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.8933
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.5982/0.5996 and upper border is 0.6007/0.5996. The pattern width is measured
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