signal strength 1 of 5
The Triple Top pattern has formed on the chart of the #TSLA M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 244.22/245.52 with the upper limit 246.65/247.16; the projection of the width is 243 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 244.22, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
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- #AAPL
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The Double Bottom pattern has been formed on #INTC M15; the upper boundary is 24.75; the lower boundary is 24.11. The width of the pattern is 64 points. In case
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the #FB M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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On the chart of NZDCAD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8208; the lower boundary 0.8197; the width of the pattern 11 points
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