signal strength 1 of 5
The Double Top pattern has been formed on #TSLA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 276.07 is broken, the downward movement will continue.
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
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- 1
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According to the chart of M5, #KO formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 69.37, the lower border is 69.15. The signal means
The M5 and M15 time frames may have more false entry points.
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On the chart of EURJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 169.12; the lower boundary 168.91; the width of the pattern 21 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 EURUSD M5. Characteristics: the upper boundary 1.1720; the lower boundary 1.1690; the width of the pattern is 29 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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