signal strength 3 of 5
The Double Top reversal pattern has been formed on GBPUSD M30. Characteristics: the upper boundary 1.2970; the lower boundary 1.2948; the width of the pattern is 23 points. Sell trades are better to be opened below the lower boundary 1.2948 with a possible movements towards the 1.2918 level.
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
- All
- 1
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- 5
According to the chart of M5, EURCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.9263 - 0.0000
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, #GOOG formed the Head and Shoulders pattern. The Head’s top is set at 162.70 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #PEP M15; the upper boundary is 143.58; the lower boundary is 142.70. The width of the pattern is 96 points. In case
The M5 and M15 time frames may have more false entry points.
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