signal strength 1 of 5
The Double Top pattern has been formed on NZDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5990 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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- #AAPL
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- GBPJPY
- GBPUSD
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- USDRUB
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The Double Bottom pattern has been formed on GBPAUD H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Double Bottom pattern has been formed on #MCD M5; the upper boundary is 293.45; the lower boundary is 292.41. The width of the pattern is 102 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the USDJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -22
The M5 and M15 time frames may have more false entry points.
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