signal strength 2 of 5
The Double Top reversal pattern has been formed on NZDUSD M15. Characteristics: the upper boundary 0.5744; the lower boundary 0.5731; the width of the pattern is 12 points. Sell trades are better to be opened below the lower boundary 0.5731 with a possible movements towards the 0.5709 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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The Bullish pennant graphic pattern has formed on the AUDCHF M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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On the chart of NZDUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5919; the lower boundary 0.5910; the width of the pattern 9 points
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 NZDCHF M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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