signal strength 1 of 5
The Double Top reversal pattern has been formed on NZDCHF M5. Characteristics: the upper boundary 0.4809; the lower boundary 0.4793; the width of the pattern is 17 points. Sell trades are better to be opened below the lower boundary 0.4793 with a possible movements towards the 0.4778 level.
The M5 and M15 time frames may have more false entry points.
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- Rectangle
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- Triple top
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The Double Top pattern has been formed on EURCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9369
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, GBPAUD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2.0786/2.0901 whereas the upper border goes across 2.1023/2.0901
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The Double Bottom pattern has been formed on EURUSD M30. Characteristics: the support level 1.1355; the resistance level 1.1399; the width of the pattern 44 points. If the resistance level
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