signal strength 2 of 5

The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 84.66 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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- #AAPL
- #AMZN
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The Double Bottom pattern has been formed on #MCD M5. Characteristics: the support level 290.06; the resistance level 291.55; the width of the pattern 149 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant pattern is formed on the #NTDOY M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 103749.36/104525.13 and upper border is 105534.89/104525.13. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
Open chart in a new window