signal strength 2 of 5
The Double Top pattern has been formed on USDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 151.05 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- AUDCAD
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According to the chart of M15, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8796/0.8839 whereas the upper border goes across 0.8876/0.8839
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPJPY H1. Characteristics: the upper boundary 189.53; the lower boundary 188.62; the width of the pattern is 94 points. Sell trades
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According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 84.16/84.34 and upper border is 84.51/84.34. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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