Actual patterns

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Actual patterns

Double Top

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was formed on 06.05 at 19:51:03 (UTC+0)
signal strength 1 of 5

On the chart of NZDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8270; the lower boundary 0.8256; the width of the pattern 14 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8241 level.

The M5 and M15 time frames may have more false entry points.

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Double Top