signal strength 1 of 5
The Double Top reversal pattern has been formed on GBPCHF M5. Characteristics: the upper boundary 1.0867; the lower boundary 1.0862; the width of the pattern is 5 points. Sell trades are better to be opened below the lower boundary 1.0862 with a possible movements towards the 1.0847 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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- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDUSD
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According to the chart of M15, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3052 and 1.3006 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, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3052/1.3032
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.4580/0.4570
The M5 and M15 time frames may have more false entry points.
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