signal strength 3 of 5
On the chart of GBPUSD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3441; the lower boundary 1.3416; the width of the pattern 25 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.3386 level.
See Also
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- Double Top
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- Triple top
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- AUDCAD
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- EURCAD
- EURCHF
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- GBPAUD
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- GBPJPY
- GBPUSD
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The Triple Top pattern has formed on the chart of the AUDCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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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 0.9155
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDUSD M5; the upper boundary is 0.6616; the lower boundary is 0.6608. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
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