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 18.08; the projection of the flagpole height is equal to 53 pips. In case the price breaks out the pattern’s bottom of 18.08, the downtrend is expected to continue for further level 17.93.
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
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- #INTC
- #KO
- #MA
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- #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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- M15
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The Double Bottom pattern has been formed on #MCD M5; the upper boundary is 310.46; the lower boundary is 309.35. The width of the pattern is 120 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on NZDCAD M15. It has the following characteristics: resistance level 0.8244/0.8239; support level 0.8224/0.8220; the width is 20 points. In the event
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPAUD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 2.0832 is breached. Here
The M5 and M15 time frames may have more false entry points.
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