signal strength 1 of 5
The Bearish pennant pattern has formed on the #NTDOY M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 17.87; the projection of the flagpole height is equal to 36 pips. In case the price breaks out the pattern’s bottom of 17.87, the downtrend is expected to continue for further level 17.73.
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
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- #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
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- M5
- M15
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The Double Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 2.0984; the lower boundary 2.0964; the width of the pattern is 19 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 87.26 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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On the chart of the EURNZD M5 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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