signal strength 1 of 5
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 0.6399 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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- Flag
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- Pennant
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- Triple top
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According to the chart of M5, AUDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.9130/0.9145 and upper border is 0.9158/0.9145. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, GBPUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.3107 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3107/1.3155 and upper border is 1.3200/1.3155. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
Open chart in a new window


