signal strength 1 of 5
The Double Top pattern has been formed on AUDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 94.26 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Triple Top pattern has formed on the chart of the GBPJPY H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 196.44; the lower boundary 196.12; the width of the pattern 32 points
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According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3304/1.3297
The M5 and M15 time frames may have more false entry points.
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