signal strength 1 of 5
The Bearish pennant pattern has formed on the AUDCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.5526 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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The Double Bottom pattern has been formed on GBPAUD M15. Characteristics: the support level 2.0711; the resistance level 2.0861; the width of the pattern 150 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCHF H1. Characteristics: the support level 0.9232; the resistance level 0.9282; the width of the pattern 50 points. If the resistance level
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On the chart of #PEP M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 147.15; the lower boundary 142.13; the width of the pattern 502 points
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