signal strength 4 of 5
The Bearish pennant pattern has formed on the USDJPY H1 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 143.34; the projection of the flagpole height is equal to 74 pips. In case the price breaks out the pattern’s bottom of 143.34, the downtrend is expected to continue for further level 142.94.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- GBPUSD
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The #TSLA M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 337.71, the Neckline and the upward angle are at 324.60/326.66. The formation
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The technical pattern called Head and Shoulders has appeared on the chart of #NTDOY M5. There are weighty reasons to suggest that the price will surpass the Neckline 22.22/22.24 after
The M5 and M15 time frames may have more false entry points.
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The #NTDOY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 22.32, the Neckline and the upward angle are at 22.22/22.24. The formation
The M5 and M15 time frames may have more false entry points.
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