signal strength 1 of 5
The Double Top pattern has been formed on NZDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8234 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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The Triple Top pattern has formed on the chart of the SILVER M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -5, support level -5
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCHF H1. Characteristics: the support level 0.4877; the resistance level 0.4892; the width of the pattern 15 points. If the resistance level
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The technical pattern called Head and Shoulders has appeared on the chart of EURNZD M30. There are weighty reasons to suggest that the price will surpass the Neckline 1.9162/1.9173 after
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