signal strength 2 of 5

The Bearish pennant pattern has formed on the #AAPL M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 216.06; the projection of the flagpole height is equal to 323 pips. In case the price breaks out the pattern’s bottom of 216.06, the downtrend is expected to continue for further level 215.84.
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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The Bullish pennant graphic pattern has formed on the #AAPL 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 Triple Top pattern has formed on the chart of the EURJPY H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
Open chart in a new windowThe Bullish pennant pattern is formed on the #MSFT M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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