signal strength 2 of 5
The Double Top pattern has been formed on GBPAUD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2.0963 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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- Triple top
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The Double Bottom pattern has been formed on AUDUSD M15. Characteristics: the support level 0.6424; the resistance level 0.6435; the width of the pattern 11 points. If the resistance level
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 AUDJPY M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3185/1.3216 and upper border is 1.3240/1.3216. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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