signal strength 1 of 5
On the chart of GOLD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3232.80; the lower boundary 3219.90; the width of the pattern 1290 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 3219.75 level.
The M5 and M15 time frames may have more false entry points.
Vea asimismo
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The Double Top pattern has been formed on EURGBP M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8413
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On the chart of NZDCHF H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.4970; the lower boundary 0.4957; the width of the pattern 13 points
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On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 196.04; the lower boundary 195.96; the width of the pattern 8 points
The M5 and M15 time frames may have more false entry points.
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