signal strength 2 of 5
The Double Top pattern has been formed on GBPJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 193.33 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
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M15, NZDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 83.80, the lower border is 82.60. The signal means
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument NZDCAD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.8027, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on NZDUSD at M5. The lower boundary of the pattern is located at 0.5698/0.5692, while the higher boundary lies at 0.5702/0.5696. The projection
The M5 and M15 time frames may have more false entry points.
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