signal strength 1 of 5
The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.8880; the lower boundary 0.8869; the width of the pattern is 11 points. Sell trades are better to be opened below the lower boundary 0.8869 with a possible movements towards the 0.8854 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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- 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
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- H1
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According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1059 and 1.1030 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.57
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The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.57
The M5 and M15 time frames may have more false entry points.
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