signal strength 1 of 5
The Double Top pattern has been formed on #EBAY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 77.99 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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- Flag
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- Triple top
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On the chart of #PEP M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 149.46; the lower boundary 148.05; the width of the pattern 141 points
The M5 and M15 time frames may have more false entry points.
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On the chart of #PEP M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 149.46; the lower boundary 148.05; the width of the pattern 141 points
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The Triple Bottom pattern has formed on the chart of AUDJPY H1. Features of the pattern: The lower line of the pattern has coordinates 96.02 with the upper limit 96.02/95.79
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