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The Bearish pennant pattern has formed on the #MCD M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 289.83, a trader will be able to successfully enter the sell position.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- GBPUSD
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The Bullish pennant signal – Trading instrument #NTDOY M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 21.78, with the prospect
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant graphic pattern has formed on the #NTDOY M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on #GOOG M5. Characteristics: the upper boundary 166.81; the lower boundary 166.08; the width of the pattern is 78 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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