signal strength 2 of 5
The Bearish pennant pattern has formed on the #FB M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 602.15; the projection of the flagpole height is equal to 891 pips. In case the price breaks out the pattern’s bottom of 602.15, the downtrend is expected to continue for further level 601.92.
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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- #AMZN
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- #PEP
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- #TWTR
- AUDCAD
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- EURGBP
- EURJPY
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- EURRUB
- EURUSD
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- GBPJPY
- GBPUSD
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- NZDUSD
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- USDRUB
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According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.9367 and 0.9358 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5354/0.5369 whereas the upper border goes across 0.5384/0.5369
The M5 and M15 time frames may have more false entry points.
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