signal strength 1 of 5
The Double Top reversal pattern has been formed on NZDUSD M5. Characteristics: the upper boundary 0.5579; the lower boundary 0.5553; the width of the pattern is 25 points. Sell trades are better to be opened below the lower boundary 0.5553 with a possible movements towards the 0.5538 level.
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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- 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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The Double Top pattern has been formed on AUDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8861
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument AUDCAD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.8872, with the prospect
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 M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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