signal strength 1 of 5
The Double Top pattern has been formed on AUDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8872 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 143.19; the lower boundary 142.44; the width of the pattern 75 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish Flag pattern has been formed on the chart GBPAUD M5 which signals that the upward trend will continue. Signals: а break of the peak at 2.0229 may push
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the #TSLA M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 448.23 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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