signal strength 2 of 5

The Bearish pennant pattern has formed on the #TSLA M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 311.59; the projection of the flagpole height is equal to 2342 pips. In case the price breaks out the pattern’s bottom of 311.59, the downtrend is expected to continue for further level 311.36.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- NZDUSD
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The Bearish pennant pattern has formed on the AUDJPY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 96.59 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on GBPAUD M5. It has the following characteristics: resistance level 2.0468/2.0460; support level 2.0448/2.0449; the width is 20 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on NZDCAD M5. Characteristics: the upper boundary 0.8203; the lower boundary 0.8198; the width of the pattern is 5 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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