signal strength 1 of 5
The Bearish pennant pattern has formed on the NZDUSD M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.5728 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.
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- Double Top
- Flag
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- Pennant
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- #AAPL
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The Bullish pennant graphic pattern has formed on the #GOOG M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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The Double Bottom pattern has been formed on AUDJPY M5; the upper boundary is 90.87; the lower boundary is 90.68. The width of the pattern is 21 points. In case
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 1.5793; the lower boundary 1.5691; the width of the pattern 102 points
The M5 and M15 time frames may have more false entry points.
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