Actual patterns
Patterns are graphical models which are formed in the chart by the price. According to one of the technical analysis postulates, history (price movement) repeats itself. It means that the price movements are often similar in the same situations which makes it possible to predict the further development of the situation with a high probability.
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Double Bottom
was formed on 17.04 at 18:00:01 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on #INTC M5; the upper boundary is 18.81; the lower boundary is 18.62. The width of the pattern is 19 points. In case of a break of the upper boundary 18.81, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
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- Bearish Rectangle
- Bearish Symmetrical Triangle
- Bearish Symmetrical Triangle
- Bullish Rectangle
- Double Top
- Double Top
- Triple Bottom
- Triple Bottom
- Triple Top
- Triple Top
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- Buy
- Sale
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