signal strength 2 of 5
The Double Top reversal pattern has been formed on GBPUSD M15. Characteristics: the upper boundary 1.3288; the lower boundary 1.3256; the width of the pattern is 31 points. Sell trades are better to be opened below the lower boundary 1.3256 with a possible movements towards the 1.3233 level.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to the chart of M30, #FB formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 604.25 and support 586.62
Open chart in a new window
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 3409.73
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
According to the chart of M15, #FB formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 604.25, the lower border is 586.62. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
