signal strength 1 of 5
The Double Top reversal pattern has been formed on USDCHF M5. Characteristics: the upper boundary 0.8189; the lower boundary 0.8120; the width of the pattern is 67 points. Sell trades are better to be opened below the lower boundary 0.8120 with a possible movements towards the 0.8105 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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The Double Bottom pattern has been formed on NZDUSD M5; the upper boundary is 0.5902; the lower boundary is 0.5896. The width of the pattern is 7 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5165/0.5186 whereas the upper border goes across 0.5205/0.5186
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 GBPUSD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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