signal strength 1 of 5

According to the chart of M5, AUDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.6280 – 0.6280 and upper border 0.6287 – 0.6287. In case the lower border is broken, the instrument is likely to follow the downward trend.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
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- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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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
Open chart in a new windowOn the chart of EURCAD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5590; the lower boundary 1.5393; the width of the pattern 197 points
Open chart in a new windowThe Double Top reversal pattern has been formed on EURCAD M15. Characteristics: the upper boundary 1.5587; the lower boundary 1.5393; the width of the pattern is 197 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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