signal strength 1 of 5
The Bearish pennant pattern has formed on the #TSLA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 260.80; the projection of the flagpole height is equal to 887 pips. In case the price breaks out the pattern’s bottom of 260.80, the downtrend is expected to continue for further level 260.65.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
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- AUDCHF
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- AUDUSD
- EURCAD
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- EURNZD
- EURRUB
- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
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- NZDUSD
- SILVER
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The Double Top reversal pattern has been formed on NZDUSD M15. Characteristics: the upper boundary 0.6034; the lower boundary 0.6024; the width of the pattern is 10 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPCHF H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0936
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The Double Top reversal pattern has been formed on NZDUSD M5. Characteristics: the upper boundary 0.6034; the lower boundary 0.6024; the width of the pattern is 10 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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