signal strength 2 of 5

On the chart of EURCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9351; the lower boundary 0.9322; the width of the pattern 29 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.9299 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
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- #AAPL
- #AMZN
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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- USDJPY
- USDRUB
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The Bullish pennant pattern is formed on the #INTC 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.
Open chart in a new windowThe Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6385; the resistance level 0.6397; the width of the pattern 12 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on EURCHF M5; the upper boundary is 0.9371; the lower boundary is 0.9356. The width of the pattern is 15 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window