signal strength 1 of 5

The Bearish pennant pattern has formed on the USDCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.8283 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
- 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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On the chart of the SILVER H1 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
Open chart in a new windowThe Double Top pattern has been formed on NZDUSD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6039
Open chart in a new windowThe Double Top reversal pattern has been formed on AUDUSD H1. Characteristics: the upper boundary 0.6564; the lower boundary 0.6542; the width of the pattern is 20 points. Sell trades
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