signal strength 1 of 5
The Bearish pennant pattern has formed on the #AAPL M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 204.23; the projection of the flagpole height is equal to 744 pips. In case the price breaks out the pattern’s bottom of 204.23, the downtrend is expected to continue for further level 204.08.
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
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The #Bitcoin M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 107912.77, the Neckline and the upward angle are at 107491.49/107422.45. The formation
The M5 and M15 time frames may have more false entry points.
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According to M15, #INTC is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 20.54/20.43 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart #AMZN M5 which signals that the upward trend will continue. Signals: а break of the peak at 213.88 may push
The M5 and M15 time frames may have more false entry points.
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