signal strength 2 of 5
The Bullish pennant signal – Trading instrument #NTDOY M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 21.78, with the prospect of the next move being a projection 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
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- 2
- 3
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- 5
According to the chart of M5, AUDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 94.44 and support 94.32
The M5 and M15 time frames may have more false entry points.
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On the chart of EURCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9417; the lower boundary 0.9379; the width of the pattern 38 points
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The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 108359.72
The M5 and M15 time frames may have more false entry points.
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