signal strength 1 of 5
The Bearish pennant pattern has formed on the #MSFT M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 372.44 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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- Double Top
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The Triple Top pattern has formed on the chart of the EURUSD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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 0.8222 - 0.0000
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M15; the upper boundary is 142.30; the lower boundary is 142.14. The width of the pattern is 17 points. In case
The M5 and M15 time frames may have more false entry points.
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