signal strength 1 of 5
The Bearish pennant pattern has formed on the #AMZN M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 184.25; the projection of the flagpole height is equal to 866 pips. In case the price breaks out the pattern’s bottom of 184.25, the downtrend is expected to continue for further level 184.10.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #TSLA formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 313.81 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #TSLA formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 313.81 is breached. Here
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5288; the lower boundary is 0.5260. The width of the pattern is 27 points. In case
The M5 and M15 time frames may have more false entry points.
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