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Double Top
was formed on 18.04 at 10:55:17 (UTC+0)
signal strength 1 of 5

Double Top EURCAD M5

On the chart of EURCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5769; the lower boundary 1.5759; the width of the pattern 10 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.5744 level.

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

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