signal strength 1 of 5
The Double Top pattern has been formed on EURCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5661 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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- AUDCAD
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- EURJPY
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The Double Bottom pattern has been formed on AUDJPY M5; the upper boundary is 96.84; the lower boundary is 96.77. The width of the pattern is 7 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0785
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the GBPCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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