signal strength 2 of 5
The Bearish pennant pattern has formed on the #MCD M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 301.24 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.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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
- All
- Buy
- Sale
- All
- 1
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- 5
On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 146.13; the lower boundary 145.79; the width of the pattern 34 points
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on #PEP M5. Characteristics: the upper boundary 146.11; the lower boundary 145.79; the width of the pattern is 34 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPUSD M15 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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