signal strength 3 of 5
On the chart of NZDCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.4836; the lower boundary 0.4764; the width of the pattern 72 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.4734 level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDUSD
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- M5
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The Double Top pattern has been formed on AUDJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 92.68
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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
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5319
The M5 and M15 time frames may have more false entry points.
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