signal strength 2 of 5
The Double Bottom pattern has been formed on #Bitcoin 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 79853.21 is broken. The further movements will rely on the width of the current pattern 121369 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
The Bearish pennant pattern has formed on the #FB M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 507.03 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.9263 - 0.0000
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, #GOOG formed the Head and Shoulders pattern. The Head’s top is set at 162.70 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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