signal strength 4 of 5
According to the chart of H1, #MSFT formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 377.44/386.30 and upper border is 395.49/386.30. The pattern width is measured on the chart at -1805 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #MSFT breaches the lower border, the price could continue its move toward 385.90.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- #GOOG
- #INTC
- #KO
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- EURNZD
- EURRUB
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- GBPUSD
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- M5
- M15
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- Buy
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The Double Top reversal pattern has been formed on #GOOG M5. Characteristics: the upper boundary 165.52; the lower boundary 163.93; the width of the pattern is 164 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #KO 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 Bearish pennant pattern has formed on the #MCD M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 301.24 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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