signal strength 1 of 5
The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5538; the resistance level 0.5559; the width of the pattern 21 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 21 points.
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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- Buy
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The Bearish pennant pattern has formed on the #INTC M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 19.53 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.5711
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The Triple Top pattern has formed on the chart of the #MSFT H1 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -35, support level -3099
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