signal strength 1 of 5
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 2.0566 is broken, the downward movement will continue.
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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The Bearish Flag pattern has been formed on GBPCHF at M5. The lower boundary of the pattern is located at 1.1026/1.1032 while the upper boundary lies at 1.1030/1.1036. The projection
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.1026 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 166.25; the lower boundary is 166.10. The width of the pattern is 16 points. In case
The M5 and M15 time frames may have more false entry points.
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