signal strength 4 of 5
The Double Top reversal pattern has been formed on GBPJPY H1. Characteristics: the upper boundary 189.53; the lower boundary 188.62; the width of the pattern is 94 points. Sell trades are better to be opened below the lower boundary 188.62 with a possible movements towards the 188.22 level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- NZDCAD
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- USDCAD
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- M5
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The Double Bottom pattern has been formed on USDCAD M15; the upper boundary is 1.3801; the lower boundary is 1.3791. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument NZDCAD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.8304, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the NZDUSD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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