signal strength 4 of 5

On the chart of GBPAUD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0927; the lower boundary 2.0838; the width of the pattern 89 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 2.0798 level.
See Also
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- Rectangle
- Triangle
- Triple top
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According to the chart of M5, NZDUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6027 - 0.0000
The M5 and M15 time frames may have more false entry points.
Открыть график инструмента в новом окнеThe Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 166.37
The M5 and M15 time frames may have more false entry points.
Открыть график инструмента в новом окнеThe Double Top reversal pattern has been formed on USDCHF M5. Characteristics: the upper boundary 0.8197; the lower boundary 0.8187; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Открыть график инструмента в новом окне