signal strength 1 of 5
The Double Bottom pattern has been formed on #PEP M5; the upper boundary is 150.16; the lower boundary is 148.41. The width of the pattern is 175 points. In case of a break of the upper boundary 150.16, 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.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
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- #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
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- M5
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- M30
- H1
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The Bearish Flag pattern has been formed on the chart SILVER M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the SILVER M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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According to M5, EURGBP is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.8594/0.8594 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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