signal strength 1 of 5
According to the chart of M5, SILVER formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 32.02, the lower border is 31.82. The signal means that a short position should be opened after fixing a price below the lower border 31.82 of the Bearish Rectangle.
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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On the chart of the NZDUSD M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on NZDUSD M30. Characteristics: the upper boundary 0.6066; the lower boundary 0.6051; the width of the pattern is 15 points. Sell trades
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The Double Top pattern has been formed on AUDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6529
The M5 and M15 time frames may have more false entry points.
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