signal strength 2 of 5
The Double Top reversal pattern has been formed on #Bitcoin M15. Characteristics: the upper boundary 95150.89; the lower boundary 94442.57; the width of the pattern is 74407 points. Sell trades are better to be opened below the lower boundary 94442.57 with a possible movements towards the 94442.34 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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- AUDCAD
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- GBPJPY
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- NZDCAD
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- NZDUSD
- SILVER
- USDCAD
- USDCHF
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- M5
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According to the chart of M30, NZDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8274 and support 0.8253
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According to the chart of M15, USDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8361/0.8346
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.3344 is breached. Here
The M5 and M15 time frames may have more false entry points.
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