signal strength 1 of 5
The Double Top pattern has been formed on #KO M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 71.80 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- #PEP
- #TSLA
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- AUDCHF
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- AUDUSD
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- EURGBP
- EURJPY
- EURNZD
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- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Double Bottom pattern has been formed on GBPCHF M30. Characteristics: the support level 1.0779; the resistance level 1.0805; the width of the pattern 26 points. If the resistance level
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The Double Bottom pattern has been formed on GBPCHF M15; the upper boundary is 1.0805; the lower boundary is 1.0779. The width of the pattern is 26 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, AUDCHF formed the Head and Shoulders pattern. The Head’s top is set at 0.5252 while the median line of the Neck is found
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