signal strength 4 of 5
The Double Top pattern has been formed on EURCAD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5393 is broken, the downward movement will continue.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to the chart of M15, #PEP produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 137.78 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart GBPJPY M5 which signals that the downward trend will continue. If the price breaks below the low at 195.33, then
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPJPY M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 195.33; the projection
The M5 and M15 time frames may have more false entry points.
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