signal strength 1 of 5
The Double Bottom pattern has been formed on #MSFT M5. 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 479.18 is broken. The further movements will rely on the width of the current pattern 104 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
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- #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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According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 96.24 is breached. Here
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on GBPAUD at M5. The lower boundary of the pattern is located at 2.0668/2.0668, while the higher boundary lies at 2.0678/2.0678. The projection
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.4810, the lower border is 0.4802. The signal means
The M5 and M15 time frames may have more false entry points.
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