signal strength 4 of 5
The Double Top reversal pattern has been formed on SILVER H1. Characteristics: the upper boundary 36.56; the lower boundary 35.84; the width of the pattern is 695 points. Sell trades are better to be opened below the lower boundary 35.84 with a possible movements towards the 35.80 level.
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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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
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- EURGBP
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- EURUSD
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- GBPJPY
- GBPUSD
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- NZDJPY
- NZDUSD
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- USDCAD
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- M5
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According to the chart of M15, AUDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8974 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDUSD M15. 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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The Triple Bottom pattern has been formed on AUDCHF M15. It has the following characteristics: resistance level 0.5254/0.5251; support level 0.5240/0.5241; the width is 14 points. In the event
The M5 and M15 time frames may have more false entry points.
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