signal strength 2 of 5
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 0.9015 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
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- Pennant
- Rectangle
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- Triple top
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According to the chart of H1, GBPJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
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The Bullish pennant signal – Trading instrument EURJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 162.49, with the prospect
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 194.07 and 193.64 are the coordinates
The M5 and M15 time frames may have more false entry points.
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