signal strength 1 of 5
The Double Top pattern has been formed on USDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3815 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
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- Triple top
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- AUDCAD
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The Triple Bottom pattern has formed on the chart of AUDCAD M15. Features of the pattern: The lower line of the pattern has coordinates 0.8940 with the upper limit 0.8940/0.8936
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPUSD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3769; the lower boundary 1.3698; the width of the pattern 71 points
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The Double Top pattern has been formed on EURUSD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1690
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