signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of #AMZN M5. Features of the pattern: The lower line of the pattern has coordinates 193.15 with the upper limit 193.15/192.69, the projection of the width is 131 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 191.84, the price is most likely to continue the upward movement.
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
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The Bearish pennant pattern has formed on the #INTC M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 19.08; the projection
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #KO M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 1, support level -38
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #KO M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 72.00
The M5 and M15 time frames may have more false entry points.
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