signal strength 1 of 5
The Double Bottom pattern has been formed on #TSLA 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 249.25 is broken. The further movements will rely on the width of the current pattern 198 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- AUDCAD
- AUDCHF
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- EURCAD
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- EURGBP
- EURJPY
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- EURRUB
- EURUSD
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- GBPJPY
- GBPUSD
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- M5
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The Double Top pattern has been formed on AUDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5291
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart EURCHF M5 which signals that the upward trend will continue. Signals: а break of the peak at 0.9410 may push
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the EURCHF M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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