signal strength 3 of 5
On the chart of EURJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 162.23; the lower boundary 161.48; the width of the pattern 75 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 161.18 level.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- #GOOG
- #INTC
- #KO
- #MA
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- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
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The Double Top pattern has been formed on #FB M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 640.66
The M5 and M15 time frames may have more false entry points.
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On the chart of #GOOG M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 173.68; the lower boundary 173.17; the width of the pattern 51 points
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart AUDUSD M30. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
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