signal strength 3 of 5
The Bearish pennant pattern has formed on the NZDJPY M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 81.01, a trader will be able to successfully enter the sell position.
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
According to the chart of M5, #FB formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 642.69, the lower border is 640.66. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #FB M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 640.66
The M5 and M15 time frames may have more false entry points.
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On the chart of #GOOG M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 173.68; the lower boundary 173.17; the width of the pattern 51 points
The M5 and M15 time frames may have more false entry points.
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