BOREARIS

AUD/USD Double top 15 min

AUD/USD 15 minConfirmed Oct 23, 13:00 UTC+8
HNHConfirmedClosedInvalid 0.702480.70243Neck 0.70051Confirm 0.70040Target 1 0.69951Target 0.69863━ MA20 + Bollinger Bands ━ MA50 15 min70503060.08━ RSI ━ 9MA00.00━ MACD ━ MACD Signal10/22 19:4510/23 00:4510/23 05:4510/23 10:4510/23 15:4510/23 20:45
HNHConfirmedClosedInvalid0.702480.70243Neck0.70051Confirm0.70040Target1 0.69951Target0.69863━ MA20 ━ MA5070503060.08━ RSI ━ 9MA00.00━ MACD ━ MACD Signal23 03:3023 10:4523 17:45

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Double top: Invalidated

Target0.69863
First target0.69951
Confirmation0.70040
Invalid at0.70248
Move-0.31%

Timeframe15 min
ConfirmedOct 23, 13:00
ClosedOct 23, 20:30
Duration7.8 h
Reward / risk0.85

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.

Check it on the live chart

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Swing points

PointTime UTC+8Price
HighOct 23, 01:300.70239
NecklineOct 23, 05:000.70051
HighOct 23, 09:450.70231
ConfirmationOct 23, 13:000.70040

Recently closed Double top patterns: 26 in total, 21 reached the target first (81%), 3 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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