signal strength 1 of 5

The Double Top pattern has been formed on GBPAUD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2.0728 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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The Double Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 2.0785; the lower boundary 2.0776; the width of the pattern is 9 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on #GOOG M15. Characteristics: the upper boundary 177.55; the lower boundary 176.14; the width of the pattern is 140 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant graphic pattern has formed on the #NTDOY M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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