BOREARIS

WTI Crude Oil Double top 15 min

WTI Crude Oil 15 minConfirmed Nov 03, 20:30 UTC+8

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

Double top: Target hit

Target94.66
First target95.41
Confirmation96.16
Invalid at97.99
Move+1.13%

Timeframe15 min
ConfirmedNov 03, 20:30
ClosedNov 03, 21:30
Duration1.2 h
Reward / risk0.82

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 03, 15:0097.67
NecklineNov 03, 18:0096.28
HighNov 03, 20:0097.90
ConfirmationNov 03, 20:3096.16

Recently closed Double top patterns: 25 in total, 17 reached the target first (68%), 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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