signal strength 2 of 5
The Bearish pennant pattern has formed on the AUDJPY M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 90.01 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
- 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
The Double Top pattern has been formed on #AAPL M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 209.32
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the AUDJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 2, support level -14
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument #MSFT M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 394.31, with the prospect
The M5 and M15 time frames may have more false entry points.
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