USD/CAD 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 1.39583, 65% of the way to target (target is 0.12% 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 | Nov 03, 05:00 | 1.39949 |
| Neckline | Nov 03, 06:45 | 1.39745 |
| High | Nov 03, 10:15 | 1.39966 |
| Confirmation | Nov 03, 13:45 | 1.39693 |
Recently closed Double top patterns: 26 in total, 17 reached the target first (65%), 8 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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