signal strength 1 of 5
The Double Top pattern has been formed on #MA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 534.63 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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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has been formed on USDCHF M30. It has the following characteristics: resistance level 0.8171/0.8170; support level 0.8155/0.8155; the width is 16 points. In the event
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The Double Top pattern has been formed on GBPUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3493
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6490
The M5 and M15 time frames may have more false entry points.
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