signal strength 1 of 5
The Bearish pennant pattern has formed on the #TSLA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 247.91; the projection of the flagpole height is equal to 2171 pips. In case the price breaks out the pattern’s bottom of 247.91, the downtrend is expected to continue for further level 247.76.
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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On the chart of the SILVER M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart AUDCHF H1. Forecast: if the price breaks above the pattern high at 0.5342, then
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The Bullish pennant pattern is formed on the AUDCHF H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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