signal strength 1 of 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 signal: a break of the lower boundary will cause continuation of the downward trend targeting the 150.50 level.
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
- #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
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The Double Top pattern has been formed on #AAPL M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 176.83
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY M15; the upper boundary is 185.46; the lower boundary is 184.35. The width of the pattern is 108 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #MA M5. Characteristics: the support level 471.47; the resistance level 481.71; the width of the pattern 1024 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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