signal strength 3 of 5
The Double Top pattern has been formed on AUDCAD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8881 is broken, the downward movement will continue.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on USDCAD M5; the upper boundary is 1.3591; the lower boundary is 1.3576. The width of the pattern is 14 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GOLD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 3412.49
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on EURGBP M15. Characteristics: the upper boundary 0.8518; the lower boundary 0.8510; the width of the pattern is 8 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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