signal strength 1 of 5
According to the chart of M5, EURGBP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8506 - 0.0000 and support 0.8495 – 0.8495. In case the resistance level 0.8495 - 0.8495 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
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The Double Top pattern has been formed on SILVER M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 36.37
The M5 and M15 time frames may have more false entry points.
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On the chart of USDCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3582; the lower boundary 1.3568; the width of the pattern 14 points
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on EURJPY M5. Characteristics: the upper boundary 167.56; the lower boundary 167.26; the width of the pattern is 32 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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