signal strength 1 of 5
The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 194.63; the lower boundary is 193.61. The width of the pattern is 101 points. In case of a break of the upper boundary 194.63, 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.
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- Double Top
- Flag
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- Pennant
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On the chart of SILVER M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 36.00; the lower boundary 35.49; the width of the pattern 505 points
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the #EBAY M5 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.
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The Double Top pattern has been formed on #INTC M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 20.26
The M5 and M15 time frames may have more false entry points.
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