signal strength 2 of 5
According to the chart of M15, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8796/0.8839 whereas the upper border goes across 0.8876/0.8839. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDCAD will breach the upper border to head for 0.8862.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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
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The Double Top pattern has been formed on #FB M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 598.31
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 #FB M5. Characteristics: the upper boundary 604.00; the lower boundary 598.31; the width of the pattern is 594 points. Sell trades
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 #MA M5. Characteristics: the upper boundary 561.57; the lower boundary 560.44; the width of the pattern is 104 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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