signal strength 1 of 5
On the chart of USDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 151.16; the lower boundary 151.05; the width of the pattern 11 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 150.90 level.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to the chart of M5, SILVER formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 31.30, the lower border is 31.23. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
According to the chart of M5, GBPUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.3046 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Triple Top pattern has formed on the chart of the SILVER M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
