signal strength 1 of 5
The Triple Bottom pattern has been formed on #TSLA M5. It has the following characteristics: resistance level 267.82/265.73; support level 260.65/262.15; the width is 717 points. In the event of a breakdown of the resistance level of 267.82, the price is likely to continue an upward movement at least to 261.68.
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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- #AMZN
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- AUDCAD
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- EURCAD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
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- GBPJPY
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- NZDCAD
- NZDCHF
- NZDJPY
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- USDRUB
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The Double Top pattern has been formed on USDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.4216
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 159.61 is breached. Here
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the AUDJPY M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 86.11 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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