signal strength 1 of 5

The Double Top pattern has been formed on AUDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5149 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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- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on USDJPY M5. Characteristics: the upper boundary 145.09; the lower boundary 144.90; the width of the pattern is 18 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on EURGBP M5. It has the following characteristics: resistance level 0.8515/0.8514; support level 0.8509/0.8509; the width is 6 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on EURGBP M5; the upper boundary is 0.8515; the lower boundary is 0.8509. The width of the pattern is 6 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window