signal strength 1 of 5
The Bearish pennant pattern has formed on the USDCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.8283 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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According to the chart of M5, NZDCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8208, the lower border is 0.8197. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8208 - 0.0000
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5232; the lower boundary 0.5227; the width of the pattern 5 points
The M5 and M15 time frames may have more false entry points.
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