signal strength 3 of 5
According to the chart of M30, NZDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.4776 – 0.4776 and upper border 0.4790 – 0.4790. In case the lower border is broken, the instrument is likely to follow the downward trend.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
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The Double Top reversal pattern has been formed on AUDJPY H1. Characteristics: the upper boundary 100.84; the lower boundary 100.39; the width of the pattern is 50 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 0.6569
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0266; the lower boundary is 2.0243. The width of the pattern is 22 points. In case
The M5 and M15 time frames may have more false entry points.
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