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.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
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- EURUSD
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- GBPUSD
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The Triple Bottom pattern has formed on the chart of GBPUSD M5. Features of the pattern: The lower line of the pattern has coordinates 1.3504 with the upper limit 1.3504/1.3497
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 195.83, the lower border is 195.53. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, #MCD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 301.74, the lower border is 299.54. The signal means
The M5 and M15 time frames may have more false entry points.
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