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: Active
Last 1.33264, 0% of the way to target (target is 0.20% 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, 10:00 | 1.33360 |
| Neckline | Oct 29, 14:00 | 1.33046 |
| High | Oct 29, 16:00 | 1.33308 |
| Confirmation | Oct 29, 17:30 | 1.32995 |
Recently closed Double top patterns: 28 in total, 22 reached the target first (79%), 5 were invalidated and 1 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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