signal strength 3 of 5
On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 193.71; the lower boundary 193.43; the width of the pattern 28 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 193.13 level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top pattern has been formed on AUDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8713
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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On the chart of the SILVER M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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