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Actual patterns
Double Top
The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 134.77 is broken, the downward movement will continue.
Double Top
The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 134.77 is broken, the downward movement will continue.
Triple Top
The Triple Top pattern has formed on the chart of the #TSLA M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 315.83/319.41 with the upper limit 320.82/321.06; the projection of the width is 499 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 315.83, the price is most likely to continue the downward movement.
Triple Top
The Triple Top pattern has formed on the chart of the #TSLA M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 315.83/319.41 with the upper limit 320.82/321.06; the projection of the width is 499 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 315.83, the price is most likely to continue the downward movement.
Bullish pennant
The Bullish pennant signal – Trading instrument #NTDOY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 21.30, with the prospect of the next move being a projection of the flagpole height.