signal strength 1 of 5
On the chart of USDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.4331; the lower boundary 1.4319; the width of the pattern 12 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.4304 level.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
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- 5
According to the chart of M5, GBPAUD formed the Head and Shoulders pattern. The Head’s top is set at 2.0644 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the EURCAD M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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The technical pattern called Head and Shoulders has appeared on the chart of EURGBP M30. There are weighty reasons to suggest that the price will surpass the Neckline 0.8358/0.8357 after
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