signal strength 1 of 5
The Bearish pennant pattern has formed on the GBPCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.1337 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
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The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0881; the lower boundary is 2.0845. The width of the pattern is 35 points. In case
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 #INTC M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 161.33
The M5 and M15 time frames may have more false entry points.
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