signal strength 5 of 5
According to the chart of D1, #PEP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 132.70 - 0.00 and support 127.74 – 127.74. In case the resistance level 127.74 - 127.74 is broken, the instrument is likely to follow the bearish trend.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
The Double Top pattern has been formed on NZDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8112
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 199.49; the lower boundary 199.31; the width of the pattern 18 points
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on #PEP M15. It has the following characteristics: resistance level 151.17/149.08; support level 148.67/148.60; the width is 250 points. In the event
The M5 and M15 time frames may have more false entry points.
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