BOREARIS

WTI Crude Oil Double top 15 min

WTI Crude Oil 15 minConfirmed Oct 31, 03:45 UTC+8
HNHConfirmedInvalid 104.19Neck 102.53Confirm 102.23102.06Target 1 101.59Target 100.95━ MA20 + Bollinger Bands ━ MA50 15 min70503032.40━ RSI ━ 9MA0-0.35━ MACD ━ MACD Signal10/30 19:3010/30 21:1510/30 23:0010/31 00:4510/31 02:3010/31 04:15
HNHConfirmedInvalid104.19Neck102.53Confirm102.23102.06Target1 101.59Target100.95━ MA20 ━ MA5070503032.40━ RSI ━ 9MA0-0.35━ MACD ━ MACD Signal30 22:0031 00:4531 03:30

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Double top: Active

Target100.95
First target101.59
Confirmation102.23
Invalid at104.19

Last 102.06, 13% of the way to target (target is 1.25% from confirmation).


Timeframe15 min
ConfirmedOct 31, 03:45
Duration1.8 h
Reward / risk0.65

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.

Check it on the live chart

← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns

Swing points

PointTime UTC+8Price
HighOct 30, 22:15103.80
NecklineOct 30, 23:30102.53
HighOct 31, 01:15104.11
ConfirmationOct 31, 03:45102.23

Recently closed Double top patterns: 28 in total, 20 reached the target first (71%), 7 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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