signal strength 4 of 5

The Double Top reversal pattern has been formed on USDCHF H1. Characteristics: the upper boundary 0.8246; the lower boundary 0.8227; the width of the pattern is 21 points. Sell trades are better to be opened below the lower boundary 0.8227 with a possible movements towards the 0.8187 level.
See Also
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- Triangle
- Triple top
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The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1022
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on EURUSD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1510
Open chart in a new windowThe Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.14
The M5 and M15 time frames may have more false entry points.
Open chart in a new window