signal strength 1 of 5
The Double Bottom pattern has been formed on #Bitcoin M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 108909.75 is broken. The further movements will rely on the width of the current pattern 39232 points.
The M5 and M15 time frames may have more false entry points.
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
According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 2.0803 and 2.0782 are the coordinates
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 AUDCAD M30 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 0, support level -8
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According to the chart of H1, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 96.11 - 0.00
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