signal strength 1 of 5
The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 162.23 is broken, the downward movement will continue.
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
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According to the chart of M5, #AAPL formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 221.96/222.64 whereas the upper border goes across 223.40/222.64
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 #KO M15. Characteristics: the upper boundary 71.90; the lower boundary 71.18; the width of the pattern is 69 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the #KO H1 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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