The CAC 40 chart shows signs of decaying upward momentum.The formation of a classic Double Top reversal pattern is observed on the chart. The main signal for confirmation of the pattern is the breakthrough of the neckline, which was drawn through the minimum between the two peaks at the level 8182.02. Now the price has […]
The CAC 40 chart shows signs of weakness in the upward movement as the price fails to overcome the resistance level.The formation of a classic Double Top reversal pattern is observed on the chart. The main signal for confirmation of the pattern is the breakthrough of the neckline, which was drawn through the minimum between […]
The EURGBP chart shows signs of weakening of the current upward movement.A classic Double Top reversal pattern is being formed on the chart. The breakdown of the neckline at the level of 0.87183 serves as the main signal for confirmation. Next we can consider two possible scenarios for the development of events. The first scenario […]
The XAUUSD chart shows signs of weakening of the current upward movement.The formation of a classic Double Top reversal pattern is observed on the chart. The main signal for confirmation of the pattern is the breakthrough of the neckline, which was drawn through the minimum between the two peaks at the level 5086.95. Now the […]
The XAUUSD chart shows signs of weakness in the upward movement as the price fails to overcome the resistance level.The formation of a classic Double Top reversal pattern is observed on the chart. The main signal for confirmation of the pattern is the breakthrough of the neckline, which was drawn through the minimum between the […]
The EURGBP pattern revealed on the chart indicates weakness in upward momentum.The formation of a classic Double Top reversal pattern is observed on the chart. The main signal for confirmation of the pattern is the breakthrough of the neckline, which was drawn through the minimum between the two peaks at the level 0.87058. Now the […]
The pressure on EURGBP is easing. This could lead to a reversal in the price movement.A Double Bottom pattern is being formed on the chart. The key element to confirm the pattern is the breakdown of the neck line, which is drawn through the high points between the two troughs at the level 0.86831. The […]
The CAC 40 chart shows signs of decaying upward momentum.The formation of a classic Double Top reversal pattern is observed on the chart. The main signal for confirmation of the pattern is the breakthrough of the neckline, which was drawn through the minimum between the two peaks at the level 8141.71. Now the price has […]
The EURUSD chart shows signs of weakness in the upward movement as the price fails to overcome the resistance level.The formation of a classic Double Top reversal pattern is observed on the chart. The main signal for confirmation of the pattern is the breakthrough of the neckline, which was drawn through the minimum between the […]
The downward pressure is losing momentum. We may see a change in the direction of EURGBP in the near future.A Double Bottom pattern is being formed on the chart. The key element to confirm the pattern is the breakdown of the neck line, which is drawn through the high points between the two troughs at […]
