signal strength 1 of 5
The Double Bottom pattern has been formed on #Bitcoin M5; the upper boundary is 87504.98; the lower boundary is 87210.25. The width of the pattern is 27754 points. In case of a break of the upper boundary 87504.98, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- #GOOG
- #INTC
- #KO
- #MA
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- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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On the chart of the #MSFT M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 188.62
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M15. Characteristics: the support level 2.0711; the resistance level 2.0861; the width of the pattern 150 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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