signal strength 1 of 5

The Bearish pennant pattern has formed on the #AMZN M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 184.25; the projection of the flagpole height is equal to 866 pips. In case the price breaks out the pattern’s bottom of 184.25, the downtrend is expected to continue for further level 184.10.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has been formed on GBPCHF M5. It has the following characteristics: resistance level 1.1277/1.1269; support level 1.1260/1.1257; the width is 17 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of NZDCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.5003 with the upper limit 0.5003/0.4998
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, #GOOG formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 154.17, the lower border is 152.10. The signal means
The M5 and M15 time frames may have more false entry points.
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