signal strength 2 of 5

The Double Bottom pattern has been formed on AUDUSD M15; the upper boundary is 0.6386; the lower boundary is 0.6376. The width of the pattern is 11 points. In case of a break of the upper boundary 0.6386, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 92.44 is likely to encourage a continuation
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 #TSLA M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 348.76
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on #TSLA M15. Characteristics: the upper boundary 354.27; the lower boundary 348.76; the width of the pattern is 593 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window