signal strength 1 of 5
The Double Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 2.0687; the lower boundary 2.0659; the width of the pattern is 26 points. Sell trades are better to be opened below the lower boundary 2.0659 with a possible movements towards the 2.0644 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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- AUDCAD
- AUDCHF
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- EURUSD
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The Bullish pennant graphic pattern has formed on the GBPCHF M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the GBPAUD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 4, support level -8
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 EURUSD M30. Characteristics: the upper boundary 1.1810; the lower boundary 1.1786; the width of the pattern is 24 points. Sell trades
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