signal strength 1 of 5
The Double Top reversal pattern has been formed on GBPUSD M5. Characteristics: the upper boundary 1.3237; the lower boundary 1.3231; the width of the pattern is 6 points. Sell trades are better to be opened below the lower boundary 1.3231 with a possible movements towards the 1.3216 level.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
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- Buy
- Sale
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According to the chart of M5, GOLD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 3337.37 and support 3326.83
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of USDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 143.80 with the upper limit 143.80/143.76
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3326.83
The M5 and M15 time frames may have more false entry points.
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