signal strength 1 of 5
The Double Bottom pattern has been formed on #AMZN M5. Characteristics: the support level 173.48; the resistance level 184.78; the width of the pattern 1130 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 1138 points.
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
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
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The Double Top pattern has been formed on AUDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 101.77
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPCHF M15. Characteristics: the upper boundary 1.0662; the lower boundary 1.0643; the width of the pattern is 20 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 207.03; the lower boundary 206.68; the width of the pattern 35 points
The M5 and M15 time frames may have more false entry points.
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