signal strength 1 of 5
The Double Top reversal pattern has been formed on #KO M5. Characteristics: the upper boundary 69.94; the lower boundary 69.49; the width of the pattern is 50 points. Sell trades are better to be opened below the lower boundary 69.49 with a possible movements towards the 69.34 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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- #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
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- M5
- M15
- M30
- H1
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According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 162.08 and 161.78 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, #FB formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 604.25 and support 586.62
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The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3409.73
The M5 and M15 time frames may have more false entry points.
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