signal strength 1 of 5
The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 102532.06 is broken, the downward movement will continue.
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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- GBPJPY
- GBPUSD
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The Double Bottom pattern has been formed on GBPCHF M30. Characteristics: the support level 1.0444; the resistance level 1.0482; the width of the pattern 38 points. If the resistance level
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The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.9183; the lower boundary 0.9172; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5673 and support 0.5665
The M5 and M15 time frames may have more false entry points.
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