signal strength 1 of 5
The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 164.00 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
- #AMZN
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- EURUSD
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- GBPUSD
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The Double Bottom pattern has been formed on #TSLA M30; the upper boundary is 330.73; the lower boundary is 319.85. The width of the pattern is 1057 points. In case
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The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 169.58
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on SILVER M15. Characteristics: the support level 35.76; the resistance level 36.05; the width of the pattern 290 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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