signal strength 1 of 5
The Bearish pennant pattern has formed on the GBPCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.1026 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
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
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #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
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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- 1
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- 5
The Double Bottom pattern has been formed on #NTDOY M15; the upper boundary is 22.32; the lower boundary is 21.70. The width of the pattern is 64 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #NTDOY M15. Characteristics: the support level 21.68; the resistance level 22.32; the width of the pattern 64 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The #TSLA M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 337.71, the Neckline and the upward angle are at 324.60/326.66. The formation
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