signal strength 1 of 5
The Bearish pennant pattern has formed on the #AMZN M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 184.25; the projection of the flagpole height is equal to 866 pips. In case the price breaks out the pattern’s bottom of 184.25, the downtrend is expected to continue for further level 184.10.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M30. Characteristics: the support level 0.8245; the resistance level 0.8272; the width of the pattern 27 points. If the resistance level
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The Bullish Flag pattern has been formed on the chart EURCAD M5 which signals that the upward trend will continue. Signals: а break of the peak at 1.5770 may push
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument EURCAD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.5770, with the prospect
The M5 and M15 time frames may have more false entry points.
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