signal strength 3 of 5
On the chart of SILVER M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 33.74; the lower boundary 33.52; the width of the pattern 230 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 33.48 level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
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- EURGBP
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- EURRUB
- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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- USDJPY
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The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 184.35
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #FB M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #MA M15; the upper boundary is 481.71; the lower boundary is 471.86. The width of the pattern is 1024 points. In case
The M5 and M15 time frames may have more false entry points.
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