signal strength 4 of 5
The Double Top pattern has been formed on SILVER H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 32.12 is broken, the downward movement will continue.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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The Bearish pennant pattern has formed on the AUDCAD M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.8898 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5613; the resistance level 1.5636; the width of the pattern 23 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3663
The M5 and M15 time frames may have more false entry points.
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