signal strength 2 of 5

The Double Top pattern has been formed on EURCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.6040 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
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- #INTC
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- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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- USDJPY
- USDRUB
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The Double Bottom pattern has been formed on #NTDOY M5. Characteristics: the support level 21.36; the resistance level 21.40; the width of the pattern 4 points. If the resistance level
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 AUDCAD M5. It has the following characteristics: resistance level 0.9200/0.9188; support level 0.9187/0.9185; the width is 13 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of NZDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 87.60; the lower boundary 87.53; the width of the pattern 7 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new window