signal strength 1 of 5
The Double Top reversal pattern has been formed on #AMZN M5. Characteristics: the upper boundary 195.92; the lower boundary 194.83; the width of the pattern is 98 points. Sell trades are better to be opened below the lower boundary 194.83 with a possible movements towards the 194.68 level.
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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- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
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- NZDUSD
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 194.54; the resistance level 194.68; the width of the pattern 14 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1457 and 1.1371 are the coordinates
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According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 150.95/150.72
The M5 and M15 time frames may have more false entry points.
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