signal strength 1 of 5
The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 84.55; the lower boundary 84.35; the width of the pattern is 21 points. Sell trades are better to be opened below the lower boundary 84.35 with a possible movements towards the 84.20 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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On the chart of GOLD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3364.14; the lower boundary 3336.09; the width of the pattern 2805 points
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on AUDJPY at M5. The lower boundary of the pattern is located at 92.38/92.32, while the higher boundary lies at 92.44/92.38. The projection
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the AUDJPY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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