signal strength 4 of 5
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 is broken, the downward movement will continue.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Bearish pennant pattern has formed on the #NTDOY M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
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The Bearish pennant pattern has formed on the #NTDOY M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 19.58 is broken through. Recommendations: Place
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According to the chart of M5, GBPUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3309 - 0.0000
The M5 and M15 time frames may have more false entry points.
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