signal strength 2 of 5
The Double Bottom pattern has been formed on #Bitcoin M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 84588.82 is broken. The further movements will rely on the width of the current pattern 98759 points.
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
- 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
According to the chart of M5, NZDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5900, the lower border is 0.5884. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Double Top reversal pattern has been formed on GBPUSD M5. Characteristics: the upper boundary 1.3237; the lower boundary 1.3231; the width of the pattern is 6 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Double Bottom pattern has been formed on #Bitcoin M5; the upper boundary is 84198.05; the lower boundary is 83772.49. The width of the pattern is 43677 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
