AUD/USD Double top 15 min
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Double top: Active
Last 0.70452, 2% of the way to target (target is 0.29% from confirmation).
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.
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Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| High | Oct 29, 04:00 | 0.70648 |
| Neckline | Oct 29, 07:00 | 0.70467 |
| High | Oct 29, 09:15 | 0.70679 |
| Confirmation | Oct 29, 14:00 | 0.70457 |
Recently closed Double top patterns: 29 in total, 22 reached the target first (76%), 5 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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