signal strength 4 of 5
The Bearish pennant pattern has formed on the #PEP H1 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 140.24, a trader will be able to successfully enter the sell position.
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
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- 4
- 5
According to the chart of M5, GOLD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 3310.33 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of GBPUSD M15. Features of the pattern: The lower line of the pattern has coordinates 1.3261 with the upper limit 1.3261/1.3247
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 193.30, the lower border is 193.10. The signal means
The M5 and M15 time frames may have more false entry points.
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