signal strength 1 of 5

The Triple Top pattern has formed on the chart of the GBPAUD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 2.0592/2.0597 with the upper limit 2.0615/2.0616; the projection of the width is 23 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 2.0592, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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According to the chart of M5, USDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 150.63, the lower border is 150.44. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 194.76; the lower boundary 194.51; the width of the pattern is 24 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on USDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 150.46
The M5 and M15 time frames may have more false entry points.
Open chart in a new window