signal strength 1 of 5

According to the chart of M5, USDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.4325 – 1.4325 and upper border 1.4337 – 1.4337. In case the lower border is broken, the instrument is likely to follow the downward trend.
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
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- EURRUB
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- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
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- NZDUSD
- SILVER
- USDCAD
- USDCHF
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- USDRUB
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According to the chart of M30, SILVER formed the Inverse Head and Shoulder pattern. The Head’s top is set at 30.37 while the median line of the Neck is found
Open chart in a new windowThe Double Bottom pattern has been formed on NZDCHF 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.
Open chart in a new windowThe Double Top pattern has been formed on SILVER M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 30.07
The M5 and M15 time frames may have more false entry points.
Open chart in a new window