BOREARIS

AUD/USD Double top 15 min

AUD/USD 15 minConfirmed Nov 05, 00:15 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

Target0.69912
First target0.69981
Confirmation0.70050
Invalid at0.70234

Last 0.70083, 0% of the way to target (target is 0.20% from confirmation).


Timeframe15 min
ConfirmedNov 05, 00:15
Duration0.8 h
Reward / risk0.75

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

PointTime UTC+8Price
HighNov 04, 18:150.70222
NecklineNov 04, 21:150.70067
HighNov 04, 22:450.70207
ConfirmationNov 05, 00:150.70050

Recently closed Double top patterns: 27 in total, 19 reached the target first (70%), 8 were invalidated and 0 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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