signal strength 2 of 5
According to the chart of M15, GBPUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.3359 while the median line of the Neck is found at 1.3290/1.3286. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPUSD will go towards 1.3263.
The M5 and M15 time frames may have more false entry points.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
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- #KO
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- #PEP
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- #TWTR
- 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
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The Bearish pennant pattern has formed on the #TSLA M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 288.55 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #TSLA M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 288.55 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Bearish pennant pattern has formed on the #PEP M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 133.65; the projection
The M5 and M15 time frames may have more false entry points.
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