signal strength 1 of 5
The Double Top reversal pattern has been formed on #TSLA M5. Characteristics: the upper boundary 294.22; the lower boundary 290.48; the width of the pattern is 404 points. Sell trades are better to be opened below the lower boundary 290.48 with a possible movements towards the 290.33 level.
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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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 1.3079
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 201.17; the lower boundary 200.75; the width of the pattern 42 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 201.21, the lower border is 200.75. The signal means
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