signal strength 1 of 5
On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1000; the lower boundary 1.0983; the width of the pattern 17 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.0968 level.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- 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
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
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According to the chart of M30, USDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8379
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According to the chart of M5, EURJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 164.66 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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According to the chart of H1, AUDCAD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.9036, the lower border is 0.9004. The signal means
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