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Actual patterns
Double Top
The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 190.07 is broken, the downward movement will continue.
Double Top
The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 190.28; the lower boundary 190.02; the width of the pattern is 25 points. Sell trades are better to be opened below the lower boundary 190.02 with a possible movements towards the 189.79 level.
Double Top
On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 190.27; the lower boundary 190.02; the width of the pattern 25 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 189.87 level.
Double Top
The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 188.79 is broken, the downward movement will continue.
Bullish Rectangle
According to the chart of M5, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 188.44, the lower border is 188.18. The signal means that a long position should be opened above the upper border 188.44 of the Bullish Rectangle.