signal strength 1 of 5
The Double Top pattern has been formed on #MSFT M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 496.92 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 198.31; the resistance level 198.40; the width of the pattern 9 points. If the resistance level
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 NZDCHF M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -2
The M5 and M15 time frames may have more false entry points.
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According to the chart of D1, GBPUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.3787 while the median line of the Neck is found
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