signal strength 2 of 5
The Bearish pennant pattern has formed on the #NTDOY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 21.38; the projection of the flagpole height is equal to 29 pips. In case the price breaks out the pattern’s bottom of 21.38, the downtrend is expected to continue for further level 21.16.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on GBPUSD H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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According to the chart of M15, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3052 and 1.3006 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3052/1.3032
The M5 and M15 time frames may have more false entry points.
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