signal strength 3 of 5
The Bearish pennant pattern has formed on the NZDUSD M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.5563; the projection of the flagpole height is equal to 29 pips. In case the price breaks out the pattern’s bottom of 0.5563, the downtrend is expected to continue for further level 0.5533.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #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
- All
- 1
- 2
- 3
- 4
- 5
On the chart of the GBPJPY 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.
Open chart in a new window
According to the chart of H1, USDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8243 while the median line of the Neck is found
Open chart in a new window
The Triple Top pattern has formed on the chart of the NZDUSD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -2, support level -2
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
