signal strength 2 of 5
The Double Top pattern has been formed on EURJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 159.88 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- 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
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- M5
- M15
- M30
- H1
- D1
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According to the chart of M5, NZDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 84.40 and support 84.26
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.9305 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.6378/0.6392 and upper border is 0.6405/0.6392. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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