signal strength 1 of 5
The Double Top pattern has been formed on AUDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5150 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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- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on USDCHF H1; the upper boundary is 0.8264; the lower boundary is 0.8211. The width of the pattern is 49 points. In case
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The Double Bottom pattern has been formed on USDJPY H1. Characteristics: the support level 142.37; the resistance level 143.04; the width of the pattern 67 points. If the resistance level
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The Triple Top pattern has formed on the chart of the SILVER H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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