signal strength 1 of 5

The Double Top reversal pattern has been formed on SILVER M5. Characteristics: the upper boundary 36.06; the lower boundary 35.98; the width of the pattern is 75 points. Sell trades are better to be opened below the lower boundary 35.98 with a possible movements towards the 35.97 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M5, GBPUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3346 and support 1.3336
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 GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3337
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 GBPCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0727
The M5 and M15 time frames may have more false entry points.
Open chart in a new window