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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.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- H1
- D1
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- Buy
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The Bearish pennant pattern has formed on the #MCD M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCAD formed the Head and Shoulders pattern. The Head’s top is set at 0.8678 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #MA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 466.76; the projection
The M5 and M15 time frames may have more false entry points.
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