signal strength 3 of 5
The Bearish pennant pattern has formed on the EURJPY M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 162.05; the projection of the flagpole height is equal to 88 pips. In case the price breaks out the pattern’s bottom of 162.05, the downtrend is expected to continue for further level 161.75.
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
- All
- M5
- M15
- M30
- H1
- D1
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The Double Bottom pattern has been formed on NZDCHF M5; the upper boundary is 0.4854; the lower boundary is 0.4844. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPCHF M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart GBPCHF M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
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