signal strength 2 of 5
The Double Top pattern has been formed on USDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3965 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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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #PEP
- #TSLA
- #TWTR
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The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0860; the lower boundary is 2.0850. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPCHF M15; the upper boundary is 1.1091; the lower boundary is 1.1081. The width of the pattern is 10 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPCHF M5. Characteristics: the support level 1.1081; the resistance level 1.1091; the width of the pattern 10 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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