signal strength 3 of 5
The Double Top pattern has been formed on EURUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1510 is broken, the downward movement will continue.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
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- EURJPY
- EURNZD
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- EURUSD
- GBPAUD
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- GBPJPY
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According to the chart of H1, AUDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
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According to the chart of M30, AUDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
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According to the chart of M5, NZDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 87.50, the lower border is 87.41. The signal means
The M5 and M15 time frames may have more false entry points.
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