signal strength 1 of 5

The Bearish pennant pattern has formed on the #AAPL M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 205.88; the projection of the flagpole height is equal to 1802 pips. In case the price breaks out the pattern’s bottom of 205.88, the downtrend is expected to continue for further level 205.74.
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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- #AAPL
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- AUDCAD
- AUDCHF
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- AUDUSD
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- GBPAUD
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- GBPJPY
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According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8838/0.8828
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant graphic pattern has formed on the GBPAUD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant graphic pattern has formed on the EURGBP M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
Open chart in a new window