signal strength 1 of 5

The Bearish pennant pattern has formed on the #MA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 466.76; the projection of the flagpole height is equal to 3098 pips. In case the price breaks out the pattern’s bottom of 466.76, the downtrend is expected to continue for further level 466.61.
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 Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 2.0724; the lower boundary 2.0710; the width of the pattern is 13 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish Flag pattern which signals continuation of a trend has been formed on the chart #NTDOY D1. Forecast: if the price breaks above the pattern high at 24.49, then
Open chart in a new windowThe Bullish pennant signal – Trading instrument #NTDOY D1, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 24.49, with the prospect
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