signal strength 1 of 5

On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 193.97; the lower boundary 193.90; the width of the pattern 7 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 193.75 level.
The M5 and M15 time frames may have more false entry points.
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 #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 102532.06
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 102025.17
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on #Bitcoin M5; the upper boundary is 103384.03; the lower boundary is 103150.22. The width of the pattern is 24856 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window