signal strength 4 of 5
The Bearish pennant pattern has formed on the #PEP H1 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 127.29; the projection of the flagpole height is equal to 360 pips. In case the price breaks out the pattern’s bottom of 127.29, the downtrend is expected to continue for further level 126.89.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
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- #INTC
- #KO
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
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- NZDUSD
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- USDCAD
- USDCHF
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- USDRUB
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- M5
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According to the chart of M30, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 87.77 and 87.44 are the coordinates
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The Double Bottom pattern has been formed on AUDJPY M15. Characteristics: the support level 94.36; the resistance level 94.47; the width of the pattern 11 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 NZDCAD M5; the upper boundary is 0.8272; the lower boundary is 0.8267. The width of the pattern is 6 points. In case
The M5 and M15 time frames may have more false entry points.
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