signal strength 2 of 5

The Double Top reversal pattern has been formed on NZDJPY M15. Characteristics: the upper boundary 85.95; the lower boundary 85.64; the width of the pattern is 29 points. Sell trades are better to be opened below the lower boundary 85.64 with a possible movements towards the 85.42 level.
The M5 and M15 time frames may have more false entry points.
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 M15, AUDUSD formed the Head and Shoulders pattern. The Head’s top is set at 0.6510 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, EURUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.1434, the lower border is 1.1409. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe technical pattern called Head and Shoulders has appeared on the chart of AUDUSD M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.6489/0.6492 after
The M5 and M15 time frames may have more false entry points.
Open chart in a new window