signal strength 1 of 5
According to the chart of M5, #MCD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 290.72/297.52 and upper border is 306.36/297.52. The pattern width is measured on the chart at -1564 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #MCD breaches the lower border, the price could continue its move toward 297.37.
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
- #Bitcoin
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
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- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
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- EURNZD
- EURRUB
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- GBPUSD
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart USDCAD M15. Forecast: if the price breaks above the pattern high at 1.3827, then
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument USDCAD M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.3827, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart GBPUSD M15 which signals that the downward trend will continue. If the price breaks below the low at 1.3467, then
The M5 and M15 time frames may have more false entry points.
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