signal strength 1 of 5
The Double Bottom pattern has been formed on GBPAUD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 2.0830 is broken. The further movements will rely on the width of the current pattern 69 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- 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
- H1
- D1
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- Buy
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The Double Top pattern has been formed on AUDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6399
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPUSD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3332; the lower boundary 1.3315; the width of the pattern 17 points
The M5 and M15 time frames may have more false entry points.
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On the chart of EURNZD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.9079; the lower boundary 1.9023; the width of the pattern 56 points
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