signal strength 2 of 5
The Double Top pattern has been formed on EURJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 159.88 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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- #AAPL
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According to the chart of M5, #PEP formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 142.99 and 142.53 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #PEP formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 142.53/142.73 whereas the upper border goes across 142.99/142.73
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 #Bitcoin M5. Characteristics: the upper boundary 85053.67; the lower boundary 84685.87; the width of the pattern is 33901 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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