signal strength 2 of 5

The Double Top pattern has been formed on GBPJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 193.33 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 194.03; the lower boundary 193.79; the width of the pattern 24 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 GBPAUD H1. Characteristics: the upper boundary 2.0811; the lower boundary 2.0687; the width of the pattern is 120 points. Sell trades
Open chart in a new windowThe Double Top reversal pattern has been formed on SILVER M5. Characteristics: the upper boundary 32.56; the lower boundary 32.48; the width of the pattern is 80 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window