signal strength 1 of 5
The Double Top pattern has been formed on AUDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6399 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDUSD M5. Characteristics: the upper boundary 0.6470; the lower boundary 0.6452; the width of the pattern is 17 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8911 and support 0.8893
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8911; the lower boundary 0.8894; the width of the pattern 17 points
The M5 and M15 time frames may have more false entry points.
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