signal strength 1 of 5
The Bearish pennant pattern has formed on the #AAPL M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 205.88; the projection of the flagpole height is equal to 1802 pips. In case the price breaks out the pattern’s bottom of 205.88, the downtrend is expected to continue for further level 205.74.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.1382/1.1409 whereas the upper border goes across 1.1439/1.1409
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.6402/0.6411 whereas the upper border goes across 0.6421/0.6411
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #Bitcoin M5; the upper boundary is 93737.29; the lower boundary is 93280.25. The width of the pattern is 45284 points. In case
The M5 and M15 time frames may have more false entry points.
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