signal strength 1 of 5

The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3066.88 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The Double Top reversal pattern has been formed on USDCHF H1. Characteristics: the upper boundary 0.8474; the lower boundary 0.8409; the width of the pattern is 66 points. Sell trades
Open chart in a new windowThe Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0677; the lower boundary is 2.0660. The width of the pattern is 16 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of USDCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8475; the lower boundary 0.8409; the width of the pattern 66 points
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