signal strength 2 of 5
The Double Top reversal pattern has been formed on USDJPY M15. Characteristics: the upper boundary 144.46; the lower boundary 144.24; the width of the pattern is 21 points. Sell trades are better to be opened below the lower boundary 144.24 with a possible movements towards the 144.01 level.
The M5 and M15 time frames may have more false entry points.
See Also
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The Triple Bottom pattern has been formed on USDCHF M30. It has the following characteristics: resistance level 0.8171/0.8170; support level 0.8155/0.8155; the width is 16 points. In the event
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The Double Top pattern has been formed on GBPUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3493
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6490
The M5 and M15 time frames may have more false entry points.
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