signal strength 4 of 5
The Bullish pennant pattern is formed on the #MA H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 544.23, a further uptrend is possible.
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
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- 1
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- 4
- 5
On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.0798; the lower boundary 1.0779; the width of the pattern 19 points
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 NZDUSD 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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The Double Top reversal pattern has been formed on GOLD M5. Characteristics: the upper boundary 3055.14; the lower boundary 3048.30; the width of the pattern is 713 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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