signal strength 1 of 5
The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 86.26; the lower boundary 86.17; the width of the pattern is 10 points. Sell trades are better to be opened below the lower boundary 86.17 with a possible movements towards the 86.02 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
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- Triple top
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The Triple Bottom pattern has formed on the chart of GBPCHF M5. Features of the pattern: The lower line of the pattern has coordinates 1.0820 with the upper limit 1.0820/1.0812
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3238
The M5 and M15 time frames may have more false entry points.
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The GBPAUD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 2.0878, the Neckline and the upward angle are at 2.0820/2.0825. The formation
The M5 and M15 time frames may have more false entry points.
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