signal strength 1 of 5
On the chart of GBPAUD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0617; the lower boundary 2.0586; the width of the pattern 31 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 2.0571 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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The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 193.30; the lower boundary is 193.06. The width of the pattern is 24 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 85.95/85.78
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCAD M30. Characteristics: the support level 1.5428; the resistance level 1.5448; the width of the pattern 20 points. If the resistance level
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