signal strength 1 of 5

The Double Bottom pattern has been formed on USDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.3555 is broken. The further movements will rely on the width of the current pattern 16 points.
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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On the chart of #TSLA M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 311.31; the lower boundary 306.40; the width of the pattern 491 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of #TSLA M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 311.31; the lower boundary 306.40; the width of the pattern 491 points
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 #PEP M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 134.22; the projection
The M5 and M15 time frames may have more false entry points.
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