signal strength 1 of 5
The Bearish pennant pattern has formed on the #NTDOY M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 17.87; the projection of the flagpole height is equal to 36 pips. In case the price breaks out the pattern’s bottom of 17.87, the downtrend is expected to continue for further level 17.73.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
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- Triple top
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- #AAPL
- #AMZN
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- #INTC
- #KO
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- #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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The Double Bottom pattern has been formed on NZDUSD 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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The Double Bottom pattern has been formed on EURNZD M30. Characteristics: the support level 1.9153; the resistance level 1.9229; the width of the pattern 76 points. If the resistance level
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The Double Bottom pattern has been formed on GBPAUD M30; the upper boundary is 2.0791; the lower boundary is 2.0711. The width of the pattern is 74 points. In case
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