signal strength 1 of 5
The Double Bottom pattern has been formed on #AMZN M5; the upper boundary is 194.80; the lower boundary is 193.96. The width of the pattern is 91 points. In case of a break of the upper boundary 194.80, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit 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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- #AAPL
- #AMZN
- #Bitcoin
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- #INTC
- #KO
- #MA
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
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- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
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- USDJPY
- USDRUB
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The Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 82.61
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 SILVER M15. Characteristics: the upper boundary 31.44; the lower boundary 31.23; the width of the pattern is 225 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 142.08; the resistance level 142.71; the width of the pattern 63 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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