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Double Top
was formed on 29.07 at 18:00:27 (UTC+0)
signal strength 1 of 5

Double Top EURUSD M5

The Double Top pattern has been formed on EURUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1764 is broken, the downward movement will continue.

The M5 and M15 time frames may have more false entry points.

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