signal strength 1 of 5
The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 82648.20; the lower boundary 81609.29; the width of the pattern is 103086 points. Sell trades are better to be opened below the lower boundary 81609.29 with a possible movements towards the 81609.14 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, NZDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 80.26 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the NZDJPY M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
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The Bearish pennant pattern has formed on the NZDUSD M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.5563; the projection
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