signal strength 1 of 5
The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.8893; the lower boundary 0.8886; the width of the pattern is 8 points. Sell trades are better to be opened below the lower boundary 0.8886 with a possible movements towards the 0.8871 level.
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 M5, AUDCAD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.9097, the lower border is 0.9089. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.4714 and support 0.4709
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 97.27/97.16
The M5 and M15 time frames may have more false entry points.
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