signal strength 1 of 5
On the chart of #MSFT M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 498.05; the lower boundary 496.21; the width of the pattern 184 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 496.06 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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According to the chart of M15, AUDCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8946 and 0.8918 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, AUDCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8946 and 0.8918 are the coordinates
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The Double Top pattern has been formed on AUDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6489
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