signal strength 3 of 5
The Bearish pennant pattern has formed on the #NTDOY M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 16.77; the projection of the flagpole height is equal to 126 pips. In case the price breaks out the pattern’s bottom of 16.77, the downtrend is expected to continue for further level 16.47.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
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- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDJPY
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According to the chart of M15, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 85.15 and 84.50 are the coordinates
The M5 and M15 time frames may have more false entry points.
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On the chart of EURGBP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8577; the lower boundary 0.8563; the width of the pattern 14 points
The M5 and M15 time frames may have more false entry points.
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On the chart of EURNZD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.9084; the lower boundary 1.9056; the width of the pattern 28 points
The M5 and M15 time frames may have more false entry points.
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