signal strength 4 of 5
The Bearish pennant pattern has formed on the #FB H1 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 535.05 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.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
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- #AAPL
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- AUDCAD
- AUDCHF
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- EURCAD
- EURCHF
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- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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- USDJPY
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The Double Bottom pattern has been formed on EURCHF M15. Characteristics: the support level 0.9296; the resistance level 0.9336; the width of the pattern 40 points. If the resistance level
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 161.85
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCHF M5. Characteristics: the support level 0.9296; the resistance level 0.9336; the width of the pattern 40 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
