signal strength 1 of 5
On the chart of #MA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 541.46; the lower boundary 539.75; the width of the pattern 171 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 539.60 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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- #AAPL
- #AMZN
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The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0965
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GOLD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8172, the lower border is 0.8163. The signal means
The M5 and M15 time frames may have more false entry points.
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