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.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
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The Double Top pattern has been formed on AUDCAD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8848
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According to the chart of M5, EURCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on USDCHF at M5. The lower boundary of the pattern is located at 0.8283/0.8287 while the upper boundary lies at 0.8287/0.8291. The projection
The M5 and M15 time frames may have more false entry points.
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