signal strength 1 of 5
The Bearish pennant pattern has formed on the USDCHF M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.8817; the projection of the flagpole height is equal to 11 pips. In case the price breaks out the pattern’s bottom of 0.8817, the downtrend is expected to continue for further level 0.8802.
The M5 and M15 time frames may have more false entry points.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #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
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to M5, USDJPY is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 146.30/146.17 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Triple Bottom pattern has formed on the chart of the USDJPY M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
Open chart in a new window
The Double Top reversal pattern has been formed on EURNZD M5. Characteristics: the upper boundary 1.9393; the lower boundary 1.9365; the width of the pattern is 30 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
