signal strength 4 of 5
The Double Bottom pattern has been formed on EURCHF H1; the upper boundary is 0.9545; the lower boundary is 0.9527. The width of the pattern is 17 points. In case of a break of the upper boundary 0.9545, 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.
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
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- 1
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- 3
- 4
- 5
On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 151.04; the lower boundary 150.65; the width of the pattern 39 points
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 #KO M5. Characteristics: the upper boundary 71.31; the lower boundary 70.97; the width of the pattern is 32 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 150.65
The M5 and M15 time frames may have more false entry points.
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