signal strength 3 of 5
According to the chart of M30, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 83.98/84.43 and upper border is 84.90/84.43. The pattern width is measured on the chart at -92 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and NZDJPY breaches the lower border, the price could continue its move toward 84.13.
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- Double Top
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The Double Top reversal pattern has been formed on #PEP M5. Characteristics: the upper boundary 134.35; the lower boundary 133.68; the width of the pattern is 69 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of #Bitcoin M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 95399.01; the lower boundary 94594.52; the width of the pattern 80449 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #MSFT M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 393.35
The M5 and M15 time frames may have more false entry points.
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