signal strength 1 of 5
The Double Top pattern has been formed on AUDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8872 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- GBPUSD
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According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3451 and 1.3385 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.1311 is breached. Here
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCHF M15; the upper boundary is 0.5312; the lower boundary is 0.5304. The width of the pattern is 7 points. In case
The M5 and M15 time frames may have more false entry points.
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