signal strength 1 of 5
The Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 187.61; the lower boundary 187.37; the width of the pattern is 25 points. Sell trades are better to be opened below the lower boundary 187.37 with a possible movements towards the 187.22 level.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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- EURNZD
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- EURUSD
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The Double Top pattern has been formed on GBPJPY H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 195.99
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On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 196.38; the lower boundary 195.99; the width of the pattern 39 points
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The Double Top pattern has been formed on AUDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6464
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