signal strength 1 of 5
The Double Top pattern has been formed on NZDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8234 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
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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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The Double Top reversal pattern has been formed on #PEP M5. Characteristics: the upper boundary 136.40; the lower boundary 136.17; the width of the pattern is 23 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the #TSLA M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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