signal strength 1 of 5
The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3099.42 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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- Triple top
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The Double Bottom pattern has been formed on SILVER M15. Characteristics: the support level 33.24; the resistance level 33.41; the width of the pattern 170 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GOLD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 3314.14/3331.45 and upper border is 3343.45/3331.45. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of EURUSD H1. Features of the pattern: The lower line of the pattern has coordinates 1.1439 with the upper limit 1.1439/1.1357
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