signal strength 2 of 5
The Double Top pattern has been formed on NZDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8115 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 Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.5686; the lower boundary is 1.5676. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the NZDCHF M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 94.12 is breached. Here
The M5 and M15 time frames may have more false entry points.
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