signal strength 1 of 5

The Double Bottom pattern has been formed on #TSLA M5; the upper boundary is 343.92; the lower boundary is 341.39. The width of the pattern is 233 points. In case of a break of the upper boundary 343.92, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
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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- #TSLA
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- GBPUSD
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The Double Top reversal pattern has been formed on GBPCHF M30. Characteristics: the upper boundary 1.0839; the lower boundary 1.0816; the width of the pattern is 24 points. Sell trades
Open chart in a new windowThe Double Bottom pattern has been formed on GBPJPY M15. Characteristics: the support level 198.25; the resistance level 198.50; the width of the pattern 25 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on NZDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5874
The M5 and M15 time frames may have more false entry points.
Open chart in a new window