signal strength 1 of 5
The Bearish pennant pattern has formed on the #TSLA M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 288.55 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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- #AAPL
- #AMZN
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The Triple Bottom pattern has formed on the chart of AUDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 95.92 with the upper limit 95.92/95.90
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart AUDJPY M5 which signals that the downward trend will continue. If the price breaks below the low at 95.83, then
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPAUD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2.0828
The M5 and M15 time frames may have more false entry points.
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