signal strength 4 of 5
On the chart of GBPUSD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3285; the lower boundary 1.3258; the width of the pattern 27 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.3218 level.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Top pattern has formed on the chart of the GBPUSD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6534
The M5 and M15 time frames may have more false entry points.
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On the chart of the NZDCHF M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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