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Actual patterns
Double Top
The Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3562 is broken, the downward movement will continue.
Double Top
On the chart of GOLD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 4902.85; the lower boundary 4654.42; the width of the pattern 24843 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 4654.19 level.
Bullish Flag
The Bullish Flag pattern which signals continuation of a trend has been formed on the chart NZDUSD M5. Forecast: if the price breaks above the pattern high at 0.5970, then traders will be able to place a long deal with the target at 0.5985.
Triple Top
The Triple Top pattern has formed on the chart of the SILVER M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -515, support level -1695, and pattern’s width 2850. Forecast If the price breaks through the support level 70.50, it is likely to move further down to 73.11.
Double Top
The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 93.48; the lower boundary 93.43; the width of the pattern is 6 points. Sell trades are better to be opened below the lower boundary 93.43 with a possible movements towards the 93.28 level.