signal strength 1 of 5
The Double Top pattern has been formed on #KO M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 71.80 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on GBPUSD M5. Characteristics: the upper boundary 1.3320; the lower boundary 1.3308; the width of the pattern is 12 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, AUDCAD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8869, the lower border is 0.8847. The signal means
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According to the chart of M15, AUDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8869 and support 0.8847
The M5 and M15 time frames may have more false entry points.
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