signal strength 2 of 5
The Double Top reversal pattern has been formed on EURJPY M15. Characteristics: the upper boundary 162.38; the lower boundary 162.20; the width of the pattern is 20 points. Sell trades are better to be opened below the lower boundary 162.20 with a possible movements towards the 161.98 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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The Bullish pennant signal – Trading instrument NZDCAD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.8304, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the NZDUSD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPAUD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 2.0859, the lower border is 2.0819. The signal means
The M5 and M15 time frames may have more false entry points.
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