signal strength 4 of 5
The Double Top pattern has been formed on EURCAD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5393 is broken, the downward movement will continue.
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- Pennant
- Rectangle
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- Triple top
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On the chart of NZDCAD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8262; the lower boundary 0.8216; the width of the pattern 46 points
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The Bullish Flag pattern has been formed on the chart EURCHF M5 which signals that the upward trend will continue. Signals: а break of the peak at 0.9344 may push
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, EURGBP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8386 - 0.0000
The M5 and M15 time frames may have more false entry points.
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