signal strength 2 of 5
The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 193.77; the lower boundary 193.55; the width of the pattern is 22 points. Sell trades are better to be opened below the lower boundary 193.55 with a possible movements towards the 193.32 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, EURGBP formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8410
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 163.64/163.51
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 194.07/194.28 whereas the upper border goes across 194.49/194.28
The M5 and M15 time frames may have more false entry points.
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