signal strength 1 of 5
According to the chart of M5, AUDCAD formed the Head and Shoulders pattern. The Head’s top is set at 0.8678 while the median line of the Neck is found at 0.8595/0.8604. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of AUDCAD will go towards 0.8589.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
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- AUDCAD
- AUDCHF
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On the chart of #TSLA M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 347.02; the lower boundary 331.18; the width of the pattern 1584 points
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #MA M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -35, support level -16
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on #TSLA M15. Characteristics: the upper boundary 347.06; the lower boundary 331.18; the width of the pattern is 1584 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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