signal strength 2 of 5
The Double Top reversal pattern has been formed on GBPAUD M15. Characteristics: the upper boundary 2.0771; the lower boundary 2.0712; the width of the pattern is 62 points. Sell trades are better to be opened below the lower boundary 2.0712 with a possible movements towards the 2.0689 level.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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- 1
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- 5
According to the chart of M5, NZDCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8192 is breached. Here
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 Inverse Head and Shoulder pattern. The Head’s top is set at 0.9120 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6582; the resistance level 0.6586; the width of the pattern 4 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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