signal strength 1 of 5
The Bearish pennant pattern has formed on the NZDJPY M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 85.70, a trader will be able to successfully enter the sell position.
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
- #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 EURUSD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.1095, the Neckline and the upward angle are at 1.1021/1.1031. The formation
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURGBP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8633
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #MCD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 302.04 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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