signal strength 1 of 5
The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 87617.56; the lower boundary 87098.24; the width of the pattern is 48893 points. Sell trades are better to be opened below the lower boundary 87098.24 with a possible movements towards the 87098.09 level.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
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- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
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- NZDUSD
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- USDCAD
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- USDJPY
- USDRUB
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- M5
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According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 92.50 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDUSD formed the Head and Shoulders pattern. The Head’s top is set at 0.6510 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, EURUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.1434, the lower border is 1.1409. The signal means
The M5 and M15 time frames may have more false entry points.
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