signal strength 1 of 5
The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 85197.81; the lower boundary 84993.66; the width of the pattern is 23229 points. Sell trades are better to be opened below the lower boundary 84993.66 with a possible movements towards the 84993.51 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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- AUDCAD
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- EURCAD
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- EURJPY
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- GBPJPY
- GBPUSD
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- NZDCAD
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- SILVER
- USDCAD
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The Double Bottom pattern has been formed on USDCHF M5; the upper boundary is 0.8304; the lower boundary is 0.8291. The width of the pattern is 13 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Head and Shoulders pattern. The Head’s top is set at 164.23 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 Double Top pattern has been formed on AUDJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 93.38
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