signal strength 1 of 5
On the chart of GBPAUD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.1642; the lower boundary 2.1451; the width of the pattern 191 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 2.1436 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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- #AMZN
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- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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The Double Top pattern has been formed on EURNZD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9113
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.1132/1.1115
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of NZDUSD M30. Features of the pattern: The lower line of the pattern has coordinates 0.5909 with the upper limit 0.5909/0.5906
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