signal strength 1 of 5
On the chart of NZDUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5963; the lower boundary 0.5950; the width of the pattern 13 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.5935 level.
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 NZDUSD M15. Characteristics: the upper boundary 0.6034; the lower boundary 0.6024; the width of the pattern is 10 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPCHF H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0936
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The Double Top reversal pattern has been formed on NZDUSD M5. Characteristics: the upper boundary 0.6034; the lower boundary 0.6024; the width of the pattern is 10 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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