signal strength 1 of 5
On the chart of EURNZD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.8959; the lower boundary 1.8924; the width of the pattern 35 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.8909 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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- 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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The Triple Bottom pattern has formed on the chart of EURGBP M5. Features of the pattern: The lower line of the pattern has coordinates 0.8507 with the upper limit 0.8507/0.8503
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 GBPJPY M5. Characteristics: the upper boundary 195.84; the lower boundary 195.72; the width of the pattern is 12 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GOLD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3407.49
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