signal strength 2 of 5
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 0.8880 is broken, the downward movement will continue.
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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The technical pattern called Head and Shoulders has appeared on the chart of AUDUSD H1. There are weighty reasons to suggest that the price will surpass the Neckline 0.6487/0.6486 after
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The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0848; the lower boundary is 2.0818. The width of the pattern is 32 points. In case
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 SILVER M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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