signal strength 1 of 5
The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 143.67 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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- Flag
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- Rectangle
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- Triple top
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According to the chart of M30, AUDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 92.50 is breached. Here
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On the chart of USDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 144.19; the lower boundary 144.05; the width of the pattern 14 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURNZD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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