signal strength 1 of 5
The Bearish pennant pattern has formed on the #MA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 466.76; the projection of the flagpole height is equal to 3098 pips. In case the price breaks out the pattern’s bottom of 466.76, the downtrend is expected to continue for further level 466.61.
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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- #AAPL
- #AMZN
- #Bitcoin
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- #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
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The Triple Bottom pattern has been formed on EURNZD M30. It has the following characteristics: resistance level 1.8864/1.8842; support level 1.8820/1.8815; the width is 44 points. In the event
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The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 147.41; the resistance level 147.49; the width of the pattern 8 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M5; the upper boundary is 1.3941; the lower boundary is 1.3930. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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