signal strength 1 of 5

The Double Top pattern has been formed on NZDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6025 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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The Double Top reversal pattern has been formed on AUDCAD H1. Characteristics: the upper boundary 0.8988; the lower boundary 0.8968; the width of the pattern is 22 points. Sell trades
Open chart in a new windowThe Triple Top pattern has formed on the chart of the AUDUSD H1 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -3, support level -15
Open chart in a new windowThe Double Top reversal pattern has been formed on AUDUSD M30. Characteristics: the upper boundary 0.6506; the lower boundary 0.6486; the width of the pattern is 19 points. Sell trades
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