signal strength 2 of 5
The Bearish pennant pattern has formed on the #INTC M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 19.53 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
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
On the chart of #MSFT M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 498.05; the lower boundary 496.21; the width of the pattern 184 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
According to the chart of M5, GBPCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 1.0969 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Double Bottom pattern has been formed on #TSLA M30; the upper boundary is 330.73; the lower boundary is 319.85. The width of the pattern is 1057 points. In case
Open chart in a new window
