signal strength 4 of 5
The Double Top pattern has been formed on EURCAD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5393 is broken, the downward movement will continue.
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 SILVER H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 32.33; the lower boundary 31.71; the width of the pattern 615 points
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The Triple Top pattern has formed on the chart of the USDCAD M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -5, support level -1
The M5 and M15 time frames may have more false entry points.
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On the chart of USDCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3907; the lower boundary 1.3862; the width of the pattern 45 points
The M5 and M15 time frames may have more false entry points.
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