signal strength 2 of 5
The Double Top reversal pattern has been formed on USDJPY M15. Characteristics: the upper boundary 143.46; the lower boundary 143.17; the width of the pattern is 29 points. Sell trades are better to be opened below the lower boundary 143.17 with a possible movements towards the 142.95 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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- AUDCAD
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The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5650; the lower boundary 1.5644; the width of the pattern is 7 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.6026/0.6043 whereas the upper border goes across 0.6061/0.6043
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6535/0.6520
The M5 and M15 time frames may have more false entry points.
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