signal strength 2 of 5
The Bearish pennant pattern has formed on the #FB M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 602.15; the projection of the flagpole height is equal to 891 pips. In case the price breaks out the pattern’s bottom of 602.15, the downtrend is expected to continue for further level 601.92.
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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- #AAPL
- #AMZN
- #Bitcoin
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- #INTC
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
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- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
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According to the chart of H1, SILVER formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 32.34, the lower border is 31.71. The signal means
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According to the chart of M30, SILVER formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 32.34, the lower border is 31.71. The signal means
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The Double Top pattern has been formed on #KO M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 71.80
The M5 and M15 time frames may have more false entry points.
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