signal strength 2 of 5
The Double Top pattern has been formed on GBPJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 193.33 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
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on GOLD M5. Characteristics: the upper boundary 3318.18; the lower boundary 3311.06; the width of the pattern is 746 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M15; the upper boundary is 1.3817; the lower boundary is 1.3786. The width of the pattern is 30 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M5; the upper boundary is 1.3817; the lower boundary is 1.3786. The width of the pattern is 30 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
