signal strength 5 of 5
The Double Top reversal pattern has been formed on GBPJPY D1. Characteristics: the upper boundary 195.94; the lower boundary 184.35; the width of the pattern is 1203 points. Sell trades are better to be opened below the lower boundary 184.35 with a possible movements towards the 183.95 level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
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- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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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The Double Top pattern has been formed on GBPAUD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2.0827
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #PEP 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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The Bearish pennant pattern has formed on the NZDCAD M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.8163 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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