signal strength 1 of 5
On the chart of #KO M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 72.95; the lower boundary 72.70; the width of the pattern 25 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 72.55 level.
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
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
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The NZDCHF M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.4615, the Neckline and the upward angle are at 0.4609/0.4610. The formation
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, GBPUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 1.3096 while the median line of the Neck
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The Bullish pennant graphic pattern has formed on the GBPCHF M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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