signal strength 4 of 5
The Double Top pattern has been formed on NZDUSD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5826 is broken, the downward movement will continue.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M30, EURNZD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.9230/1.9174
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The Triple Top pattern has formed on the chart of the NZDCAD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 165.96/166.46 and upper border is 167.00/166.46. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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