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Actual patterns

Double Top

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was formed on 19.12 at 13:25:11 (UTC+0)
signal strength 1 of 5

On the chart of USDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 157.07; the lower boundary 156.84; the width of the pattern 23 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 156.69 level.

The M5 and M15 time frames may have more false entry points.

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Timeframe

Trend

Signal Strength

Double Top