signal strength 4 of 5
On the chart of NZDJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 86.62; the lower boundary 86.28; the width of the pattern 34 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 85.88 level.
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 EURJPY M5; the upper boundary is 163.21; the lower boundary is 163.05. The width of the pattern is 15 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 3313.29/3306.86
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPCHF H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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