signal strength 1 of 5
According to the chart of M5, #TSLA formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 335.16 and 327.41 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 775 pips. Outlook: If the upper border 335.16 is broken, the price is likely to continue its move by 331.91.
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 NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.02
The M5 and M15 time frames may have more false entry points.
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According to M30, NZDUSD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.5860/0.5861 is broken out, the instrument is likely to move toward
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The Double Top reversal pattern has been formed on GBPUSD M30. Characteristics: the upper boundary 1.3458; the lower boundary 1.3416; the width of the pattern is 40 points. Sell trades
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