signal strength 1 of 5
The Double Bottom pattern has been formed on AUDJPY 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 90.17 is broken. The further movements will rely on the width of the current pattern 11 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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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #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
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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The Double Top pattern has been formed on #Bitcoin M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 102332.80
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The Double Top reversal pattern has been formed on #Bitcoin M15. Characteristics: the upper boundary 104269.79; the lower boundary 102332.80; the width of the pattern is 201342 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to M30, AUDUSD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.6405/0.6411 is broken out, the instrument is likely to move toward
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