signal strength 1 of 5

The Double Bottom pattern has been formed on #KO M5; the upper boundary is 71.71; the lower boundary is 71.50. The width of the pattern is 22 points. In case of a break of the upper boundary 71.71, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit 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
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
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- Buy
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On the chart of AUDJPY D1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 97.23; the lower boundary 95.57; the width of the pattern 166 points
Open chart in a new windowThe Double Bottom pattern has been formed on GBPAUD D1. Characteristics: the support level 2.0437; the resistance level 2.0741; the width of the pattern 304 points. If the resistance level
Open chart in a new windowThe Double Top pattern has been formed on NZDJPY D1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.40
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