signal strength 1 of 5
The Double Top pattern has been formed on EURCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5547 is broken, the downward movement will continue.
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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The Double Bottom pattern has been formed on NZDCAD M5; the upper boundary is 0.8195; the lower boundary is 0.8189. The width of the pattern is 6 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, EURUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.0781/1.0799 and upper border is 1.0818/1.0799. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the EURCHF M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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