signal strength 1 of 5
The Double Top reversal pattern has been formed on EURNZD M5. Characteristics: the upper boundary 1.8869; the lower boundary 1.8843; the width of the pattern is 25 points. Sell trades are better to be opened below the lower boundary 1.8843 with a possible movements towards the 1.8828 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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- USDCAD
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The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 162.23
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURGBP formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8332/0.8337 and upper border is 0.8342/0.8337. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GOLD M5; the upper boundary is 3026.69; the lower boundary is 3015.42. The width of the pattern is 1078 points. In case
The M5 and M15 time frames may have more false entry points.
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