signal strength 3 of 5

The Bearish pennant pattern has formed on the #PEP M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 130.36; the projection of the flagpole height is equal to 214 pips. In case the price breaks out the pattern’s bottom of 130.36, the downtrend is expected to continue for further level 130.06.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- #PEP
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- AUDCAD
- AUDCHF
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- EURUSD
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- GBPJPY
- GBPUSD
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- M5
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The Bearish pennant pattern has formed on the #PEP M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 141.49; the projection
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on AUDCAD M5. Characteristics: the support level 0.8935; the resistance level 0.8953; the width of the pattern 18 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the #PEP M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 141.47; the projection
Open chart in a new window