signal strength 3 of 5
On the chart of AUDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 94.69; the lower boundary 94.31; the width of the pattern 38 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 94.01 level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AMZN
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- #PEP
- #TSLA
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- AUDCAD
- AUDCHF
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- AUDUSD
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- EURCHF
- EURGBP
- EURJPY
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- EURUSD
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- GBPJPY
- GBPUSD
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- NZDCAD
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On the chart of AUDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5545; the lower boundary 0.5534; the width of the pattern 11 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPAUD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 2.0613 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the NZDCAD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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