signal strength 1 of 5

The Double Top pattern has been formed on EURCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9335 is broken, the downward movement will continue.
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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- EURUSD
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According to the chart of M5, NZDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8227/0.8235 whereas the upper border goes across 0.8246/0.8235
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the GBPUSD M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 94.65 - 0.00
The M5 and M15 time frames may have more false entry points.
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