signal strength 1 of 5

The Double Top pattern has been formed on #KO M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 71.80 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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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- GBPCHF
- GBPJPY
- GBPUSD
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- M5
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According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1016 and 1.0994 are the coordinates
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 84.96 and 84.77 are the coordinates
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
Open chart in a new window