signal strength 3 of 5
The Bearish pennant pattern has formed on the #PEP M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 130.36; the projection of the flagpole height is equal to 214 pips. In case the price breaks out the pattern’s bottom of 130.36, the downtrend is expected to continue for further level 130.06.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- #INTC
- #KO
- #MA
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
- USDCHF
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- USDRUB
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- M5
- M15
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On the chart of USDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 145.23; the lower boundary 144.75; the width of the pattern 48 points
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According to the chart of M5, EURNZD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.9137/1.9116
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 144.75
The M5 and M15 time frames may have more false entry points.
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