signal strength 1 of 5
The Bearish pennant pattern has formed on the USDCHF M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.8817; the projection of the flagpole height is equal to 11 pips. In case the price breaks out the pattern’s bottom of 0.8817, the downtrend is expected to continue for further level 0.8802.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 82.22 is breached. Here
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The Double Bottom pattern has been formed on NZDCAD M5. Characteristics: the support level 0.8040; the resistance level 0.8056; the width of the pattern 16 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 82.22 is breached. Here
The M5 and M15 time frames may have more false entry points.
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