signal strength 1 of 5
The Double Top reversal pattern has been formed on GOLD M5. Characteristics: the upper boundary 3187.99; the lower boundary 3165.48; the width of the pattern is 2143 points. Sell trades are better to be opened below the lower boundary 3165.48 with a possible movements towards the 3165.33 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
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- Triangle
- Triple top
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The Bullish Flag pattern has been formed on the chart NZDJPY M30 which signals that the upward trend will continue. Signals: а break of the peak at 87.87 may push
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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 87.63
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 87.81; the lower boundary 87.63; the width of the pattern is 18 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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