signal strength 1 of 5

The Double Top reversal pattern has been formed on EURJPY M5. Characteristics: the upper boundary 162.63; the lower boundary 162.42; the width of the pattern is 21 points. Sell trades are better to be opened below the lower boundary 162.42 with a possible movements towards the 162.27 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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- USDCAD
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- USDJPY
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The Bullish pennant pattern is formed on the #TSLA M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant signal – Trading instrument #TSLA M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 263.87, with the prospect
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant signal – Trading instrument #MSFT M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 374.65, with the prospect
The M5 and M15 time frames may have more false entry points.
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