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FX.co ★ #MSFT M15: Double Top

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Technical Analysis Patterns

2024-11-14T18:00:27
Signal strength 2 of 5

#MSFT M15: Double Top

Double TopOn the chart of #MSFT M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 428.12; the lower boundary 423.73; the width of the pattern 439 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 423.51 level.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by #MSFT