signal strength 2 of 5
The Double Top pattern has been formed on GOLD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3206.19 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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- Triple top
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According to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 94.21 - 0.00
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8949; the lower boundary 0.8925; the width of the pattern 24 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURGBP formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8554, the lower border is 0.8538. The signal means
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