signal strength 4 of 5
The Double Top pattern has been formed on AUDJPY H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 94.50 is broken, the downward movement will continue.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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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
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 GBPUSD M30. Characteristics: the upper boundary 1.2970; the lower boundary 1.2948; the width of the pattern is 23 points. Sell trades
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On the chart of the EURUSD M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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