signal strength 2 of 5
On the chart of NZDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 84.95; the lower boundary 84.77; the width of the pattern 18 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 84.54 level.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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- 1
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- 5
According to the chart of M5, AUDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5329 and support 0.5320
The M5 and M15 time frames may have more false entry points.
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On the chart of #AMZN H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 208.87; the lower boundary 201.64; the width of the pattern 723 points
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The Double Top pattern has been formed on #AAPL M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 202.73
The M5 and M15 time frames may have more false entry points.
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