signal strength 1 of 5

The Bearish pennant pattern has formed on the USDCAD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 1.3679; the projection of the flagpole height is equal to 23 pips. In case the price breaks out the pattern’s bottom of 1.3679, the downtrend is expected to continue for further level 1.3664.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
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- GBPJPY
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- NZDCAD
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The Triple Bottom pattern has been formed on #TSLA M5. It has the following characteristics: resistance level 308.42/303.11; support level 300.82/300.19; the width is 760 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Top pattern has formed on the chart of the #PEP H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
Open chart in a new windowOn the chart of the #PEP H1 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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