signal strength 3 of 5
According to the chart of M30, EURCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.9578 and support 0.9563. In case the resistance level 0.9578 - 0.9578 is broken, the instrument is likely to follow the bullish trend.
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- Double Top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
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- SILVER
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- USDRUB
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The Double Top reversal pattern has been formed on GBPCHF M15. Characteristics: the upper boundary 1.1426; the lower boundary 1.1418; the width of the pattern is 8 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1418
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURNZD M5; the upper boundary is 1.9072; the lower boundary is 1.9039. The width of the pattern is 34 points. In case
The M5 and M15 time frames may have more false entry points.
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