signal strength 2 of 5
The Bearish pennant pattern has formed on the NZDJPY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 85.81; the projection of the flagpole height is equal to 19 pips. In case the price breaks out the pattern’s bottom of 85.81, the downtrend is expected to continue for further level 85.58.
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
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- M5
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- M30
- H1
- D1
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On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1731; the lower boundary 1.1688; the width of the pattern 43 points
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6538; the lower boundary 0.6508; the width of the pattern 30 points
The M5 and M15 time frames may have more false entry points.
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The #Bitcoin M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 108499.13, the Neckline and the upward angle are at 107112.85/107248.11. The formation
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