signal strength 1 of 5
The Bearish pennant pattern has formed on the EURNZD M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.9609 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
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5773; the resistance level 1.5789; the width of the pattern 16 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 142.32 and 142.05 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on EURCHF M15. It has the following characteristics: resistance level 0.9373/0.9369; support level 0.9361/0.9365; the width is 12 points. In the event
The M5 and M15 time frames may have more false entry points.
Открыть график инструмента в новом окне
