signal strength 2 of 5
The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 193.77; the lower boundary 193.55; the width of the pattern is 22 points. Sell trades are better to be opened below the lower boundary 193.55 with a possible movements towards the 193.32 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Flag
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- Triple top
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On the chart of EURJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 169.03; the lower boundary 168.72; the width of the pattern 31 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, USDCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.7957 while the median line of the Neck
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The Double Top reversal pattern has been formed on EURNZD M5. Characteristics: the upper boundary 1.9334; the lower boundary 1.9314; the width of the pattern is 22 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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