signal strength 1 of 5
The Double Top pattern has been formed on #TSLA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 312.63 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 AUDUSD M30; the upper boundary is 0.6567; the lower boundary is 0.6538. The width of the pattern is 30 points. In case
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According to the chart of H1, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.4592/0.4602 whereas the upper border goes across 0.4610/0.4602
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The Double Bottom pattern has been formed on NZDUSD M5; the upper boundary is 0.5721; the lower boundary is 0.5717. The width of the pattern is 4 points. In case
The M5 and M15 time frames may have more false entry points.
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