signal strength 1 of 5
The Double Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 2.0836; the lower boundary 2.0774; the width of the pattern is 66 points. Sell trades are better to be opened below the lower boundary 2.0774 with a possible movements towards the 2.0759 level.
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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The Bearish Flag pattern has been formed on the chart GBPAUD M5 which signals that the downward trend will continue. If the price breaks below the low at 2.1145, then
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPAUD M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.7910 while the median line of the Neck is found
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