signal strength 2 of 5
The Double Top pattern has been formed on AUDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6280 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Rectangle
- Triangle
- Triple top
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On the chart of the SILVER M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 90.75; the lower boundary 90.50; the width of the pattern 25 points
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 SILVER M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -35, support level -245
The M5 and M15 time frames may have more false entry points.
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