signal strength 1 of 5
On the chart of the #MSFT M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 458.79, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 216 points.
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 Bottom pattern has been formed on #NTDOY M15; the upper boundary is 22.32; the lower boundary is 21.70. The width of the pattern is 64 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #NTDOY M15. Characteristics: the support level 21.68; the resistance level 22.32; the width of the pattern 64 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The #TSLA M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 337.71, the Neckline and the upward angle are at 324.60/326.66. The formation
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