signal strength 3 of 5
The Bearish pennant pattern has formed on the #NTDOY M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 16.77; the projection of the flagpole height is equal to 126 pips. In case the price breaks out the pattern’s bottom of 16.77, the downtrend is expected to continue for further level 16.47.
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According to the chart of H1, EURJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 162.43, the lower border is 161.81. The signal means
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According to the chart of H1, EURCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
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According to the chart of M5, #MA formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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