signal strength 1 of 5
The Bearish pennant pattern has formed on the EURNZD 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 1.8973, 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
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- 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
- M15
- M30
- H1
- D1
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- Buy
- Sale
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The Double Bottom pattern has been formed on GBPUSD M5; the upper boundary is 1.3631; the lower boundary is 1.3609. The width of the pattern is 22 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.0950
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument GOLD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 3326.76, with the prospect
The M5 and M15 time frames may have more false entry points.
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