signal strength 2 of 5
The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 199.02; the lower boundary 198.10; the width of the pattern is 95 points. Sell trades are better to be opened below the lower boundary 198.10 with a possible movements towards the 197.88 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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According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3212/1.3159
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5250/0.5243
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.5859
The M5 and M15 time frames may have more false entry points.
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