signal strength 3 of 5
On the chart of GOLD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3100.96; the lower boundary 3048.18; the width of the pattern 5278 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 3047.88 level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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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 1.1317
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According to the chart of H1, NZDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 85.24
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According to the chart of H1, AUDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 92.94, the lower border is 92.44. The signal means
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