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 1.2953 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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- 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
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According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.3558 is breached. Here
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the EURCHF H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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The Double Bottom pattern has been formed on EURNZD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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