signal strength 1 of 5
The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3099.42 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
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- #INTC
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- #TSLA
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
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- USDJPY
- USDRUB
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The Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.54
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 145.37; the lower boundary 144.80; the width of the pattern 57 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 203.23; the lower boundary 203.08; the width of the pattern is 14 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window


