signal strength 1 of 5
On the chart of AUDUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6312; the lower boundary 0.6305; the width of the pattern 7 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.6290 level.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.5643; the lower boundary is 1.5624. The width of the pattern is 20 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 163.42/163.55 whereas the upper border goes across 163.70/163.55
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #MSFT M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 441.83
The M5 and M15 time frames may have more false entry points.
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