signal strength 5 of 5
The Double Top reversal pattern has been formed on #AMZN D1. Characteristics: the upper boundary 218.30; the lower boundary 209.77; the width of the pattern is 812 points. Sell trades are better to be opened below the lower boundary 209.77 with a possible movements towards the 209.37 level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- GBPAUD
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- GBPJPY
- GBPUSD
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- M5
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According to the chart of M15, GBPUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.3590 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, GBPUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.3590 while the median line of the Neck is found
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According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.0926/1.0931 whereas the upper border goes across 1.0935/1.0931
The M5 and M15 time frames may have more false entry points.
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