signal strength 2 of 5
The Bearish pennant pattern has formed on the #NTDOY M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 16.77 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #NTDOY M15. Characteristics: the support level 22.14; the resistance level 22.25; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #NTDOY M30. Characteristics: the support level 22.14; the resistance level 22.25; the width of the pattern 11 points. If the resistance level
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The Double Bottom pattern has been formed on #NTDOY M30. Characteristics: the support level 22.14; the resistance level 22.25; the width of the pattern 11 points. If the resistance level
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