signal strength 1 of 5
The Double Top reversal pattern has been formed on #MA M5. Characteristics: the upper boundary 561.57; the lower boundary 560.44; the width of the pattern is 104 points. Sell trades are better to be opened below the lower boundary 560.44 with a possible movements towards the 560.29 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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- #AAPL
- #AMZN
- #Bitcoin
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- #PEP
- #TSLA
- #TWTR
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- EURJPY
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- NZDUSD
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- USDCAD
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- USDRUB
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According to the chart of M5, EURJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 166.25, the lower border is 166.09. The signal means
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on EURJPY M5. It has the following characteristics: resistance level 166.25/166.16; support level 166.09/166.09; the width is 16 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on EURCAD M5. It has the following characteristics: resistance level 1.5771/1.5752; support level 1.5748/1.5738; the width is 23 points. In the event
The M5 and M15 time frames may have more false entry points.
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