signal strength 2 of 5

On the chart of EURCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5934; the lower boundary 1.5910; the width of the pattern 24 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.5888 level.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8996
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.6019 and 0.6012 are the coordinates
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant signal – Trading instrument AUDJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 97.13, with the prospect
The M5 and M15 time frames may have more false entry points.
Open chart in a new window