signal strength 1 of 5
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The Double Top pattern has been formed on SILVER M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 31.55 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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According to the chart of M5, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 189.32, the lower border is 189.06. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on AUDUSD M15. It has the following characteristics: resistance level 0.6374/0.6370; support level 0.6361/0.6362; the width is 13 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of EURGBP M5. Features of the pattern: The lower line of the pattern has coordinates 0.8291 with the upper limit 0.8291/0.8285
The M5 and M15 time frames may have more false entry points.
Open chart in a new window