GBP/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: First target, then break-even
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 23, 01:15 | 1.34072 |
| Neckline | Oct 23, 05:00 | 1.33831 |
| High | Oct 23, 08:30 | 1.34076 |
| Confirmation | Oct 23, 15:00 | 1.33826 |
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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