signal strength 2 of 5

The Double Top pattern has been formed on AUDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8713 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
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M15, GBPJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 191.31 and 190.01 are the coordinates
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on NZDCAD M5; the upper boundary is 0.8223; the lower boundary is 0.8195. The width of the pattern is 27 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on EURCHF M15; the upper boundary is 0.9383; the lower boundary is 0.9376. The width of the pattern is 7 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window