signal strength 1 of 5
The Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 189.30; the lower boundary 188.76; the width of the pattern is 52 points. Sell trades are better to be opened below the lower boundary 188.76 with a possible movements towards the 188.61 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Bullish pennant signal – Trading instrument #MSFT M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 439.41, with the prospect
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The Double Top pattern has been formed on #MSFT M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 436.83
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the #MA H1 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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