signal strength 1 of 5
On the chart of SILVER M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 33.67; the lower boundary 33.56; the width of the pattern 110 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 33.55 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Triple top
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The Triple Bottom pattern has formed on the chart of EURCAD M15. Features of the pattern: The lower line of the pattern has coordinates 1.5642 with the upper limit 1.5642/1.5639
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 145.78
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The Double Top pattern has been formed on USDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 145.78
The M5 and M15 time frames may have more false entry points.
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