signal strength 1 of 5
The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.8532; the lower boundary 0.8514; the width of the pattern is 17 points. Sell trades are better to be opened below the lower boundary 0.8514 with a possible movements towards the 0.8499 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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According to the chart of M15, NZDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 87.23, the lower border is 87.02. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
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According to the chart of H1, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5355/0.5340
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