On the chart of EURCAD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.6021; the lower boundary 1.6001; the width of the pattern 20 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.5971 level. FX.co ★ EURCAD M30: Double Top
Signal strength 3 of 5
EURCAD M30: Double Top
On the chart of EURCAD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.6021; the lower boundary 1.6001; the width of the pattern 20 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.5971 level. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade