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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- #AAPL
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- #TSLA
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
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- EURNZD
- EURRUB
- EURUSD
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- GBPUSD
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- SILVER
- USDCAD
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- M15
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The Double Top reversal pattern has been formed on #TSLA M5. Characteristics: the upper boundary 310.21; the lower boundary 308.18; the width of the pattern is 184 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of #TSLA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 310.02; the lower boundary 308.18; the width of the pattern 184 points
The M5 and M15 time frames may have more false entry points.
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On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 136.40; the lower boundary 136.17; the width of the pattern 23 points
The M5 and M15 time frames may have more false entry points.
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