signal strength 1 of 5
The Double Top pattern has been formed on #EBAY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 66.66 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 Triple Bottom pattern has formed on the chart of the #EBAY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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On the chart of NZDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 86.38; the lower boundary 85.80; the width of the pattern 58 points
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The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.1284; the resistance level 1.1300; the width of the pattern 16 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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