signal strength 1 of 5
The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 164.00 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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The Double Bottom pattern has been formed on #PEP M5. Characteristics: the support level 127.65; the resistance level 128.58; the width of the pattern 93 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 #PEP M5; the upper boundary is 128.58; the lower boundary is 127.66. The width of the pattern is 93 points. In case
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 AUDCHF M5. Characteristics: the upper boundary 0.5244; the lower boundary 0.5238; the width of the pattern is 7 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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