signal strength 3 of 5
On the chart of AUDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 94.69; the lower boundary 94.31; the width of the pattern 38 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 94.01 level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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On the chart of the SILVER M5 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 pattern has been formed on NZDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8162
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on EURNZD M5. It has the following characteristics: resistance level 1.9072/1.9049; support level 1.9038/1.9037; the width is 34 points. In the event
The M5 and M15 time frames may have more false entry points.
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