signal strength 1 of 5
On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 194.53; the lower boundary 194.41; the width of the pattern 12 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 194.26 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, AUDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.6519 and 0.6509 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #TSLA M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -28, support level -40
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, GBPUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 1.3307 while the median line of the Neck
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