signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 194.52 – 194.52 and upper border 194.72 – 194.72. In case the lower border is broken, the instrument is likely to follow the downward trend.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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The Double Top pattern has been formed on #AAPL M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 220.45
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The Double Top pattern has been formed on #AAPL M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 220.45
The M5 and M15 time frames may have more false entry points.
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On the chart of #AAPL H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 224.96; the lower boundary 220.45; the width of the pattern 451 points
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