signal strength 1 of 5
The Bearish pennant pattern has formed on the GBPCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.1337 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.
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- Double Top
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- #AAPL
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- AUDCAD
- AUDCHF
- AUDJPY
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- EURCAD
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- GBPAUD
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- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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On the chart of NZDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 85.43; the lower boundary 84.86; the width of the pattern 57 points
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on NZDUSD M5. It has the following characteristics: resistance level 0.5959/0.5957; support level 0.5947/0.5951; the width is 12 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #MA 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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