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 83834.97 is broken. The further movements will rely on the width of the current pattern 20198 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
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- #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
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According to the chart of M15, AUDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5001 is breached. Here
The M5 and M15 time frames may have more false entry points.
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On the chart of #MSFT M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 362.82; the lower boundary 359.05; the width of the pattern 377 points
The M5 and M15 time frames may have more false entry points.
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The EURUSD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.1095, the Neckline and the upward angle are at 1.1021/1.1031. The formation
The M5 and M15 time frames may have more false entry points.
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