signal strength 1 of 5

The Bearish pennant pattern has formed on the #PEP M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 134.22; the projection of the flagpole height is equal to 201 pips. In case the price breaks out the pattern’s bottom of 134.22, the downtrend is expected to continue for further level 134.07.
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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According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5245/0.5233
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 GBPUSD M5. Features of the pattern: The lower line of the pattern has coordinates 1.3294 with the upper limit 1.3294/1.3276
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 88.02/88.08 and upper border is 88.14/88.08. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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