signal strength 2 of 5

On the chart of AUDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5230; the lower boundary 0.5223; the width of the pattern 7 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.5200 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Rectangle
- Triangle
- Triple top
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The Double Top pattern has been formed on NZDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5953
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPUSD M15. Characteristics: the upper boundary 1.3367; the lower boundary 1.3354; the width of the pattern is 13 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Top pattern has formed on the chart of the NZDUSD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -5
The M5 and M15 time frames may have more false entry points.
Open chart in a new window