signal strength 1 of 5

On the chart of #TSLA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 343.74; the lower boundary 341.29; the width of the pattern 245 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 341.14 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
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
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- GBPUSD
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The Bearish pennant pattern has formed on the #NTDOY H1 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
Open chart in a new windowThe Double Top pattern has been formed on #TSLA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 312.63
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the #NTDOY M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
Open chart in a new window