signal strength 4 of 5
According to the chart of H1, #Bitcoin formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 110239.46 – 110239.46 and upper border 111951.72 – 111951.72. In case the upper border is broken, the instrument is likely to follow the upward trend.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
The Double Top pattern has been formed on EURCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.6016
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD 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 Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.6026; the lower boundary 1.6010; the width of the pattern is 17 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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