signal strength 2 of 5
The Double Top pattern has been formed on NZDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8174 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
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On the chart of AUDUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6538; the lower boundary 0.6508; the width of the pattern 30 points
The M5 and M15 time frames may have more false entry points.
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The #Bitcoin M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 108499.13, the Neckline and the upward angle are at 107112.85/107248.11. The formation
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The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 107248.11; the resistance level 107549.35; the width of the pattern 30124 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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