ARM Double top 15 min
ARM 15 minConfirmed Nov 06, 05:00 UTC+8
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Double top: Active
Target161.48
First target164.06
Confirmation166.64
Invalid at172.67
Last 166.72, 0% of the way to target (target is 3.10% from confirmation).
Timeframe15 min
ConfirmedNov 06, 05:00
Duration0.2 h
Reward / risk0.86
What this tells you
Price is rejected twice at a similar high; a break below the low between them (the neckline) often marks a turn from up to down.
Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| High | Nov 06, 00:30 | 172.30 |
| Neckline | Nov 06, 02:00 | 166.89 |
| High | Nov 06, 03:45 | 171.31 |
| Confirmation | Nov 06, 05:00 | 166.64 |
Recently closed Double top patterns: 24 in total, 16 reached the target first (67%), 6 were invalidated and 2 expired. Results by pattern →
Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.
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