signal strength 3 of 5
On the chart of NZDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 86.36; the lower boundary 86.23; the width of the pattern 13 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 85.93 level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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The Bullish Flag pattern has been formed on NZDCHF at M5. The lower boundary of the pattern is located at 0.4839/0.4829, while the higher boundary lies at 0.4849/0.4839. The projection
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument NZDCHF M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.4849, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the EURCHF M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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