signal strength 1 of 5
The Bearish pennant pattern has formed on the GBPJPY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 192.76 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
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #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
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- M5
- M15
- M30
- H1
- D1
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- Buy
- Sale
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The Triple Bottom pattern has been formed on GOLD M5. It has the following characteristics: resistance level 3372.86/3370.25; support level 3364.73/3364.26; the width is 813 points. In the event
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, #GOOG formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 170.41, the lower border is 169.00. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #TSLA formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 317.55 is breached. Here
The M5 and M15 time frames may have more false entry points.
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