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Double Top
The Double Top reversal pattern has been formed on SILVER M5. Characteristics: the upper boundary 79.83; the lower boundary 79.54; the width of the pattern is 280 points. Sell trades are better to be opened below the lower boundary 79.54 with a possible movements towards the 79.53 level.
Bullish Symmetrical Triangle
According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3623 and 1.3613 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 10 pips. Outlook: If the upper border 1.3623 is broken, the price is likely to continue its move by 1.3633.
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Bullish Rectangle
According to the chart of M5, GBPUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3623, the lower border is 1.3613. The signal means that a long position should be opened above the upper border 1.3623 of the Bullish Rectangle.
Double Top
On the chart of AUDUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.7265; the lower boundary 0.7253; the width of the pattern 12 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.7238 level.
Double Top
On the chart of GBPUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3622; the lower boundary 1.3613; the width of the pattern 9 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.3598 level.
