signal strength 2 of 5

The Double Top pattern has been formed on NZDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.4842 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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According to the chart of M15, USDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 144.46, the lower border is 144.24. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on #MCD M5. Characteristics: the upper boundary 315.47; the lower boundary 314.98; the width of the pattern is 49 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of the USDJPY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window