signal strength 3 of 5
The Bearish pennant pattern has formed on the EURCAD M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.5396 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.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #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
- All
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- 2
- 3
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- 5
On the chart of #INTC M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 19.72; the lower boundary 19.41; the width of the pattern 31 points
The M5 and M15 time frames may have more false entry points.
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On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 144.26; the lower boundary 143.67; the width of the pattern 59 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 143.67
The M5 and M15 time frames may have more false entry points.
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