signal strength 1 of 5
The Triple Bottom pattern has been formed on #KO M5. It has the following characteristics: resistance level 71.35/71.24; support level 71.15/71.05; the width is 20 points. In the event of a breakdown of the resistance level of 71.35, the price is likely to continue an upward movement at least to 71.21.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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The Bearish pennant pattern has formed on the #TSLA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 332.99; the projection
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #TSLA M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 332.99 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 193.52; the lower boundary 192.79; the width of the pattern 73 points
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