signal strength 1 of 5
The Double Top reversal pattern has been formed on GOLD M5. Characteristics: the upper boundary 3314.76; the lower boundary 3309.74; the width of the pattern is 449 points. Sell trades are better to be opened below the lower boundary 3309.74 with a possible movements towards the 3309.59 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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According to the chart of M5, GBPUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3227
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 87.88 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.0798 and 1.0754 are the coordinates
The M5 and M15 time frames may have more false entry points.
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