signal strength 2 of 5
The Double Top pattern has been formed on USDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 149.73 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- Rectangle
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- Triple top
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The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.9229; the lower boundary 0.9225; the width of the pattern is 4 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 207.29; the lower boundary 206.85; the width of the pattern 44 points
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According to the chart of M30, NZDCAD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8057, the lower border is 0.8043. The signal means
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