signal strength 1 of 5
The Double Top reversal pattern has been formed on GOLD M5. Characteristics: the upper boundary 3384.89; the lower boundary 3377.85; the width of the pattern is 687 points. Sell trades are better to be opened below the lower boundary 3377.85 with a possible movements towards the 3377.70 level.
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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- AUDCAD
- AUDCHF
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- EURCHF
- EURGBP
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- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
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- NZDUSD
- SILVER
- USDCAD
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- USDJPY
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- M5
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The Double Top reversal pattern has been formed on GBPCHF M30. Characteristics: the upper boundary 1.0839; the lower boundary 1.0816; the width of the pattern is 24 points. Sell trades
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The Double Bottom pattern has been formed on GBPJPY M15. Characteristics: the support level 198.25; the resistance level 198.50; the width of the pattern 25 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5874
The M5 and M15 time frames may have more false entry points.
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