signal strength 1 of 5
The Double Top pattern has been formed on EURCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5547 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 146.13; the lower boundary 145.79; the width of the pattern 34 points
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 #PEP M5. Characteristics: the upper boundary 146.11; the lower boundary 145.79; the width of the pattern is 34 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPUSD M15 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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