signal strength 1 of 5
According to the chart of M5, #Bitcoin formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 83376.14 and 82331.42 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 104472 pips. Outlook: If the upper border 83376.14 is broken, the price is likely to continue its move by 82907.57.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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The Double Top pattern has been formed on #MSFT M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 382.62
The M5 and M15 time frames may have more false entry points.
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On the chart of the #GOOG M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6405; the lower boundary 0.6386; the width of the pattern 19 points
The M5 and M15 time frames may have more false entry points.
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