signal strength 1 of 5
The Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 193.71; the lower boundary 193.56; the width of the pattern is 16 points. Sell trades are better to be opened below the lower boundary 193.56 with a possible movements towards the 193.41 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- USDCAD
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The Double Bottom pattern has been formed on GBPAUD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 86.58/86.43
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the NZDCAD M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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