signal strength 1 of 5

The Double Bottom pattern has been formed on #TSLA M5; the upper boundary is 279.03; the lower boundary is 272.58. The width of the pattern is 666 points. In case of a break of the upper boundary 279.03, 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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According to the chart of M5, AUDCAD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.8931 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, AUDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.6491, the lower border is 0.6478. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, USDCAD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3797, the lower border is 1.3785. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new window