signal strength 1 of 5
The Bearish pennant pattern has formed on the SILVER M5 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 32.70, a trader will be able to successfully enter the sell position.
The M5 and M15 time frames may have more false entry points.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #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
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The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1117
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, #AAPL formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 208.80/211.23 whereas the upper border goes across 213.91/211.23
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According to M30, #PEP is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 130.89/131.28 is broken out, the instrument is likely to move toward
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