signal strength 1 of 5
The Double Top reversal pattern has been formed on USDJPY M5. Characteristics: the upper boundary 140.98; the lower boundary 140.57; the width of the pattern is 42 points. Sell trades are better to be opened below the lower boundary 140.57 with a possible movements towards the 140.42 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Rectangle
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- Triple top
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The Double Top pattern has been formed on GBPJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 194.54
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, SILVER formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 34.55 and support 34.47
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on NZDCAD M5. Characteristics: the upper boundary 0.8234; the lower boundary 0.8229; the width of the pattern is 5 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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