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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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has been formed on AUDJPY M5. It has the following characteristics: resistance level 92.87/92.73; support level 92.26/92.45; the width is 61 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M5; the upper boundary is 1.4318; the lower boundary is 1.4214. The width of the pattern is 102 points. In case
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 GBPAUD M5. Characteristics: the upper boundary 2.0836; the lower boundary 2.0774; the width of the pattern is 66 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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