signal strength 1 of 5
The Bearish pennant pattern has formed on the #INTC M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 24.13 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
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- #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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- 3
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- 5
On the chart of the #Bitcoin M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #Bitcoin M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 50, support level -21012
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, #Bitcoin produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 81609.29 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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