signal strength 2 of 5
The Bearish pennant pattern has formed on the AUDUSD M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.6356; the projection of the flagpole height is equal to 20 pips. In case the price breaks out the pattern’s bottom of 0.6356, the downtrend is expected to continue for further level 0.6334.
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
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- 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
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The Triple Top pattern has formed on the chart of the EURCHF M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 2, support level -12
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GOLD 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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On the chart of GOLD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3384.62; the lower boundary 3349.72; the width of the pattern 3490 points
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