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According to the chart of M5, GBPAUD formed the Head and Shoulders pattern. The Head’s top is set at 2.0869 while the median line of the Neck is found at 2.0832/2.0830. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPAUD will go towards 2.0815.
The M5 and M15 time frames may have more false entry points.
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- #AAPL
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- #KO
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The Bullish pennant signal – Trading instrument #KO M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 72.50, with the prospect
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the #INTC M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 19.83 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, #AAPL formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 200.40, the lower border is 198.49. The signal means
The M5 and M15 time frames may have more false entry points.
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