signal strength 1 of 5
The Double Bottom pattern has been formed on #MSFT M5; the upper boundary is 362.62; the lower boundary is 358.00. The width of the pattern is 446 points. In case of a break of the upper boundary 362.62, 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
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #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
- All
- Buy
- Sale
- All
- 1
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- 3
- 4
- 5
According to the chart of M5, NZDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.4892 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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The Double Top pattern has been formed on #MSFT M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 393.33
The M5 and M15 time frames may have more false entry points.
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On the chart of #AAPL M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 212.03; the lower boundary 210.68; the width of the pattern 135 points
The M5 and M15 time frames may have more false entry points.
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