signal strength 3 of 5

On 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. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.5363 level.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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On the chart of EURCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5775; the lower boundary 1.5763; the width of the pattern 12 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, USDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8148 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Top pattern has formed on the chart of the GBPUSD M30 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 2, support level -43
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