signal strength 3 of 5
The Double Top pattern has been formed on GOLD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3206.19 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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The Double Bottom pattern has been formed on GBPAUD M15. Characteristics: the support level 2.0802; the resistance level 2.0832; the width of the pattern 30 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCHF M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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According to the chart of H1, GBPAUD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 2.0859, the lower border is 2.0802. The signal means
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