signal strength 1 of 5
The Double Top reversal pattern has been formed on USDCHF M5. Characteristics: the upper boundary 0.8338; the lower boundary 0.8308; the width of the pattern is 31 points. Sell trades are better to be opened below the lower boundary 0.8308 with a possible movements towards the 0.8293 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
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The technical pattern called Head and Shoulders has appeared on the chart of AUDCAD M15. There are weighty reasons to suggest that the price will surpass the Neckline 0.9179/0.9177 after
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish Flag pattern has been formed on the chart GBPJPY M5 which signals that the upward trend will continue. Signals: а break of the peak at 203.60 may push
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant pattern is formed on the GBPJPY 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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