signal strength 1 of 5
On the chart of #INTC M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 20.91; the lower boundary 20.76; the width of the pattern 15 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 20.61 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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- #FB
- #GOOG
- #INTC
- #KO
- #MA
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
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The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 166.37
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 USDCHF M5. Characteristics: the upper boundary 0.8197; the lower boundary 0.8187; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5701; the resistance level 1.5724; the width of the pattern 23 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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