signal strength 3 of 5
On the chart of SILVER M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 33.76; the lower boundary 33.59; the width of the pattern 165 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 33.56 level.
See Also
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- Triple top
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The Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 82.61
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 SILVER M15. Characteristics: the upper boundary 31.44; the lower boundary 31.23; the width of the pattern is 225 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 142.08; the resistance level 142.71; the width of the pattern 63 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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