signal strength 1 of 5
The Bearish pennant pattern has formed on the #NTDOY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 17.87 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
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
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- Triple top
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The Bullish Flag pattern has been formed on the chart GBPUSD M5 which signals that the upward trend will continue. Signals: а break of the peak at 1.3106 may push
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument GBPUSD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.3106, with the prospect
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 146.52 and support 145.93
The M5 and M15 time frames may have more false entry points.
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