signal strength 2 of 5

On the chart of USDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 148.13; the lower boundary 147.71; the width of the pattern 42 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 147.49 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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- #AAPL
- #AMZN
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- AUDCAD
- AUDCHF
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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- USDJPY
- USDRUB
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The Double Top pattern has been formed on #AAPL M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 202.73
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 194.54/194.66 whereas the upper border goes across 194.75/194.66
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on #EBAY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 75.83
The M5 and M15 time frames may have more false entry points.
Open chart in a new window