signal strength 1 of 5

The Double Bottom pattern has been formed on #INTC M5. Characteristics: the support level 24.18; the resistance level 24.36; the width of the pattern 18 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 18 points.
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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The Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.5810; the lower boundary is 1.5763. The width of the pattern is 49 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on EURCAD M15. Characteristics: the support level 1.5761; the resistance level 1.5810; the width of the pattern 49 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on #KO M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 71.72
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