signal strength 3 of 5
The Double Top pattern has been formed on EURUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0805 is broken, the downward movement will continue.
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According to the chart of M5, EURUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.1474
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 166.67
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 GBPUSD D1. Characteristics: the upper boundary 1.3615; the lower boundary 1.3455; the width of the pattern is 176 points. Sell trades
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