signal strength 2 of 5
The Double Top pattern has been formed on NZDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5530 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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- Triple top
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The Double Top reversal pattern has been formed on GBPCHF M15. Characteristics: the upper boundary 1.0662; the lower boundary 1.0643; the width of the pattern is 20 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 207.03; the lower boundary 206.68; the width of the pattern 35 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPAUD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 2.0344, the lower border is 2.0290. The signal means
The M5 and M15 time frames may have more false entry points.
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