signal strength 1 of 5
The Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3238 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 Triple Top pattern has formed on the chart of the NZDJPY H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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According to the chart of M5, AUDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 93.42, the lower border is 93.24. The signal means
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of GBPAUD M30. Features of the pattern: The lower line of the pattern has coordinates 2.0609 with the upper limit 2.0609/2.0565
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