signal strength 1 of 5

The Bearish pennant pattern has formed on the AUDCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.5526 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.
The M5 and M15 time frames may have more false entry points.
See Also
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- Rectangle
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- Triple top
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On the chart of GBPUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3447; the lower boundary 1.3428; the width of the pattern 19 points
The M5 and M15 time frames may have more false entry points.
Открыть график инструмента в новом окнеAccording to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1008 and 1.0935 are the coordinates
The M5 and M15 time frames may have more false entry points.
Открыть график инструмента в новом окнеOn the chart of EURCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5739; the lower boundary 1.5723; the width of the pattern 16 points
The M5 and M15 time frames may have more false entry points.
Открыть график инструмента в новом окне