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.
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- Double Top
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- AUDCAD
- AUDCHF
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- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
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- NZDJPY
- NZDUSD
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The Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.5615; the lower boundary is 1.5607. The width of the pattern is 8 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 NZDJPY M5. It has the following characteristics: resistance level 86.60/86.57; support level 86.49/86.48; the width is 11 points. In the event
The M5 and M15 time frames may have more false entry points.
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On the chart of EURNZD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.8950; the lower boundary 1.8925; the width of the pattern 25 points
The M5 and M15 time frames may have more false entry points.
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