signal strength 1 of 5
The Double Bottom pattern has been formed on #MA 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 534.66 is broken. The further movements will rely on the width of the current pattern 387 points.
The M5 and M15 time frames may have more false entry points.
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- #AAPL
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- #KO
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The Double Bottom pattern has been formed on USDCAD M5; the upper boundary is 1.3941; the lower boundary is 1.3930. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, #KO formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 68.87/69.09 and upper border is 69.25/69.09. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #KO formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 68.87 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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