signal strength 1 of 5

On the chart of GOLD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3021.40; the lower boundary 3019.22; the width of the pattern 218 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 3019.07 level.
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 151.04; the lower boundary 150.65; the width of the pattern 39 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on #KO M5. Characteristics: the upper boundary 71.31; the lower boundary 70.97; the width of the pattern is 32 points. Sell trades
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 #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 150.65
The M5 and M15 time frames may have more false entry points.
Open chart in a new window