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 328.99 is broken, the downward movement will continue.
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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- #AMZN
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- AUDCAD
- AUDCHF
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- GBPUSD
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On the chart of the AUDCAD M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe NZDCHF M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.4816, the Neckline and the upward angle are at 0.4801/0.4800. The formation
Open chart in a new windowThe NZDJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 88.09, the Neckline and the upward angle are at 87.88/87.91. The formation
The M5 and M15 time frames may have more false entry points.
Open chart in a new window