signal strength 3 of 5
The Bearish Flag pattern has been formed on NZDUSD at M30. The lower boundary of the pattern is located at 0.5956/0.5970 while the upper boundary lies at 0.5978/0.5992. The projection of the flagpole is 41 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 0.5956 is broken, the price will move further downwards.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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The Double Bottom pattern has been formed on NZDUSD M5; the upper boundary is 0.5947; the lower boundary is 0.5942. The width of the pattern is 5 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6523
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The Bullish pennant pattern is formed on the #TSLA M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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