signal strength 1 of 5

The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.8888; the lower boundary 0.8871; the width of the pattern is 16 points. Sell trades are better to be opened below the lower boundary 0.8871 with a possible movements towards the 0.8856 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M5, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 194.03, the lower border is 193.76. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on SILVER M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 32.52
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of GBPJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 194.03; the lower boundary 193.79; the width of the pattern 24 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new window