signal strength 1 of 5
The Double Top pattern has been formed on EURCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5641 is broken, the downward movement will continue.
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
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- EURNZD
- EURRUB
- EURUSD
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- SILVER
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According to the chart of M5, EURCHF formed the Head and Shoulders pattern. The Head’s top is set at 0.9420 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of NZDCHF M30. Features of the pattern: The lower line of the pattern has coordinates 0.4978 with the upper limit 0.4978/0.4968
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The Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.5615; the lower boundary is 1.5607. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
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