signal strength 2 of 5
The Double Top pattern has been formed on GBPAUD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2.0442 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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According to the chart of M5, NZDUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.5925 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on SILVER M5. Characteristics: the upper boundary 36.06; the lower boundary 35.98; the width of the pattern is 75 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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