signal strength 2 of 5
The Double Top pattern has been formed on #MSFT M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 433.94 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
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on NZDJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDUSD M30; the upper boundary is 0.5947; the lower boundary is 0.5935. The width of the pattern is 12 points. In case
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The Triple Top pattern has formed on the chart of the USDJPY M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 4, support level -1
The M5 and M15 time frames may have more false entry points.
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