signal strength 2 of 5

The Bearish pennant pattern has formed on the #NTDOY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 21.38; the projection of the flagpole height is equal to 29 pips. In case the price breaks out the pattern’s bottom of 21.38, the downtrend is expected to continue for further level 21.16.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- AUDCAD
- AUDCHF
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- AUDUSD
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- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDCAD
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- NZDUSD
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- USDCAD
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- USDJPY
- USDRUB
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The Double Top reversal pattern has been formed on NZDUSD M15. Characteristics: the upper boundary 0.6036; the lower boundary 0.6005; the width of the pattern is 30 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on SILVER M15. Characteristics: the upper boundary 35.94; the lower boundary 35.87; the width of the pattern is 70 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPAUD M5. Characteristics: the support level 2.0922; the resistance level 2.0942; the width of the pattern 20 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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