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
- Triangle
- Triple top
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The Triple Top pattern has formed on the chart of the USDCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on EURCAD M5. It has the following characteristics: resistance level 1.5498/1.5466; support level 1.5410/1.5411; the width is 88 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, NZDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 83.75, the lower border is 83.17. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new window