signal strength 1 of 5
The Double Top reversal pattern has been formed on EURJPY M5. Characteristics: the upper boundary 161.54; the lower boundary 161.35; the width of the pattern is 18 points. Sell trades are better to be opened below the lower boundary 161.35 with a possible movements towards the 161.20 level.
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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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
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The Double Top pattern has been formed on AUDJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 93.38
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The Double Top pattern has been formed on AUDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5343
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on SILVER M5. Characteristics: the upper boundary 33.19; the lower boundary 33.14; the width of the pattern is 45 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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