signal strength 1 of 5
The Bearish pennant pattern has formed on the USDCHF M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.8817; the projection of the flagpole height is equal to 11 pips. In case the price breaks out the pattern’s bottom of 0.8817, the downtrend is expected to continue for further level 0.8802.
The M5 and M15 time frames may have more false entry points.
Vea asimismo
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- Double Top
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On the chart of GBPJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 199.49; the lower boundary 199.31; the width of the pattern 18 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 #PEP M15. It has the following characteristics: resistance level 151.17/149.08; support level 148.67/148.60; the width is 250 points. In the event
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 GBPUSD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -3
The M5 and M15 time frames may have more false entry points.
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