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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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M15
- M30
- H1
- D1
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According to the chart of M15, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 143.46 and support 143.13
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, #FB formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 604.25, the lower border is 586.62. The signal means
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The Bullish pennant signal – Trading instrument GBPUSD M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.3375, with the prospect
The M5 and M15 time frames may have more false entry points.
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