signal strength 2 of 5
The Bearish pennant pattern has formed on the #NTDOY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 21.51; the projection of the flagpole height is equal to 50 pips. In case the price breaks out the pattern’s bottom of 21.51, the downtrend is expected to continue for further level 21.28.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AMZN
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The NZDUSD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.5969, the Neckline and the upward angle are at 0.5955/0.5956. The formation
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDCAD M15. Characteristics: the upper boundary 0.8964; the lower boundary 0.8954; the width of the pattern is 9 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5275/0.5258
The M5 and M15 time frames may have more false entry points.
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