signal strength 4 of 5

On the chart of #PEP H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 132.72; the lower boundary 129.07; the width of the pattern 365 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 128.67 level.
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- Double Top
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The Bullish pennant pattern is formed on the #TSLA M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, #PEP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 133.83 - 0.00
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, #PEP formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 133.83, the lower border is 132.94. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new window