signal strength 2 of 5
The Bearish pennant pattern has formed on the #PEP M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 141.49; the projection of the flagpole height is equal to 231 pips. In case the price breaks out the pattern’s bottom of 141.49, the downtrend is expected to continue for further level 141.26.
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
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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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The Double Bottom pattern has been formed on AUDCHF M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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According to the chart of H1, GBPAUD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 2.0859, the lower border is 2.0802. The signal means
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According to the chart of M30, GBPAUD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0859 and support 2.0802
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