signal strength 2 of 5
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 149.73 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
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- Pennant
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- Triple top
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The Bearish pennant pattern has formed on the #PEP M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 130.36; the projection
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The Bearish pennant pattern has formed on the #PEP M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 130.36; the projection
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The Double Top reversal pattern has been formed on GBPUSD M5. Characteristics: the upper boundary 1.3395; the lower boundary 1.3379; 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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