signal strength 1 of 5
The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 87.53; the resistance level 87.71; the width of the pattern 18 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 18 points.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Double Top reversal pattern has been formed on AUDJPY M5. Characteristics: the upper boundary 95.80; the lower boundary 95.66; the width of the pattern is 13 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPUSD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3253
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The Double Top pattern has been formed on AUDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6473
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