signal strength 2 of 5

The Bearish pennant pattern has formed on the AUDJPY M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 86.11 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The Triple Bottom pattern has formed on the chart of NZDUSD M30. Features of the pattern: The lower line of the pattern has coordinates 0.5835 with the upper limit 0.5835/0.5830
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of GBPUSD M15. Features of the pattern: The lower line of the pattern has coordinates 1.3469 with the upper limit 1.3469/1.3457
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, AUDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.6423 is breached. Here
The M5 and M15 time frames may have more false entry points.
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