signal strength 2 of 5
On the chart of AUDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5230; the lower boundary 0.5223; the width of the pattern 7 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.5200 level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M5, AUDUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.6415 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, GBPAUD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 2.1000/2.0941
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According to M5, AUDCAD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.8913/0.8912 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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