signal strength 2 of 5
The Double Bottom pattern has been formed on SILVER M15. 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 34.10 is broken. The further movements will rely on the width of the current pattern 280 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
On the chart of USDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 149.31; the lower boundary 149.17; the width of the pattern 14 points
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDCHF M5. Characteristics: the upper boundary 0.5543; the lower boundary 0.5537; the width of the pattern is 6 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #EBAY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 65.78 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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