signal strength 1 of 5
The Double Top pattern has been formed on #AAPL M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 223.93 is broken, the downward movement will continue.
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
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- #PEP
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- GBPUSD
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- M5
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According to the chart of H1, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 81178.46/83101.84 and upper border is 85102.23/83101.84. The pattern width is measured
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According to the chart of M15, #Bitcoin formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 83167.44/83888.94 whereas the upper border goes across 84422.11/83888.94
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, #Bitcoin formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 84685.39 - 0.00
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