signal strength 1 of 5
The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3049.86 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- #TSLA
- #TWTR
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- GBPJPY
- GBPUSD
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- NZDJPY
- NZDUSD
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The Double Bottom pattern has been formed on #FB M5; the upper boundary is 593.61; the lower boundary is 588.27. The width of the pattern is 502 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, #KO formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 71.18/71.52 whereas the upper border goes across 71.78/71.52
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8937; the lower boundary 0.8927; the width of the pattern 10 points
The M5 and M15 time frames may have more false entry points.
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