signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 85.40 – 85.40 and upper border 85.57 – 85.57. In case the upper border is broken, the instrument is likely to follow the upward trend.
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
- All
- M5
- M15
- M30
- H1
- D1
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- Buy
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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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