signal strength 1 of 5
The Double Top reversal pattern has been formed on GOLD M5. Characteristics: the upper boundary 3021.21; the lower boundary 3015.56; the width of the pattern is 594 points. Sell trades are better to be opened below the lower boundary 3015.56 with a possible movements towards the 3015.41 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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- #AAPL
- #AMZN
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- EURUSD
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- GBPJPY
- GBPUSD
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- NZDCHF
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- NZDUSD
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- USDCAD
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- USDJPY
- USDRUB
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On the chart of USDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 151.16; the lower boundary 151.05; the width of the pattern 11 points
The M5 and M15 time frames may have more false entry points.
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On the chart of #MSFT M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 391.82; the lower boundary 389.43; the width of the pattern 239 points
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #FB M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 602.15; the projection
The M5 and M15 time frames may have more false entry points.
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