signal strength 4 of 5
The Bearish pennant pattern has formed on the USDJPY H1 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 144.82; the projection of the flagpole height is equal to 117 pips. In case the price breaks out the pattern’s bottom of 144.82, the downtrend is expected to continue for further level 144.42.
- All
- 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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- M5
- M15
- M30
- H1
- D1
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- Buy
- Sale
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- 1
- 2
- 3
- 4
- 5
On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 196.04; the lower boundary 195.96; the width of the pattern 8 points
The M5 and M15 time frames may have more false entry points.
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On the chart of the NZDCHF M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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On the chart of EURCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5639; the lower boundary 1.5628; the width of the pattern 11 points
The M5 and M15 time frames may have more false entry points.
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