signal strength 1 of 5
The Double Top reversal pattern has been formed on #EBAY M5. Characteristics: the upper boundary 68.18; the lower boundary 67.76; the width of the pattern is 40 points. Sell trades are better to be opened below the lower boundary 67.76 with a possible movements towards the 67.61 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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- #AAPL
- #AMZN
- #Bitcoin
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- EURNZD
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- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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On the chart of the GBPJPY M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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The Double Top pattern has been formed on SILVER M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 32.12
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, USDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 144.21, the lower border is 142.08. The signal means
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