signal strength 1 of 5
The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 150.65 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
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- Pennant
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- Triple top
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- #AAPL
- #AMZN
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The Double Bottom pattern has been formed on #PEP M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #PEP M5. Characteristics: the support level 140.56; the resistance level 140.87; the width of the pattern 31 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 188.00; the resistance level 188.20; the width of the pattern 20 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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