signal strength 2 of 5
On the chart of SILVER M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 31.11; the lower boundary 30.82; the width of the pattern 280 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 30.80 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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The Double Top pattern has been formed on EURCAD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5609
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According to the chart of M5, USDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 142.37
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 190.30 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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