signal strength 1 of 5
The Double Top reversal pattern has been formed on USDJPY M5. Characteristics: the upper boundary 149.86; the lower boundary 149.72; the width of the pattern is 15 points. Sell trades are better to be opened below the lower boundary 149.72 with a possible movements towards the 149.57 level.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
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- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Double Top pattern has been formed on USDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 145.24
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, GBPAUD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 2.0811 and 2.0676 are the coordinates
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According to the chart of M30, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4884 is likely to encourage a continuation
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