signal strength 1 of 5
On the chart of USDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.4403; the lower boundary 1.4365; the width of the pattern 38 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.4350 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Triple top
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According to the chart of M15, NZDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 82.22 is breached. Here
The M5 and M15 time frames may have more false entry points.
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On the chart of NZDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.4755; the lower boundary 0.4712; the width of the pattern 43 points
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 EURCAD M5 which signals that the downward trend will continue. If the price breaks below the low at 1.5726, then
The M5 and M15 time frames may have more false entry points.
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