signal strength 3 of 5
On the chart of AUDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 93.07; the lower boundary 92.84; the width of the pattern 23 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 92.54 level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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On the chart of the GBPJPY M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the AUDCHF M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8976 and support 0.8966
The M5 and M15 time frames may have more false entry points.
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