signal strength 3 of 5

The Double Top reversal pattern has been formed on EURCAD M30. Characteristics: the upper boundary 1.5724; the lower boundary 1.5711; the width of the pattern is 12 points. Sell trades are better to be opened below the lower boundary 1.5711 with a possible movements towards the 1.5681 level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 198.91
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on NZDCAD M5. It has the following characteristics: resistance level 0.8207/0.8205; support level 0.8197/0.8197; the width is 10 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on NZDUSD M5. It has the following characteristics: resistance level 0.5977/0.5975; support level 0.5963/0.5966; the width is 14 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new window