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 #EBAY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 67.15; the lower boundary 66.88; the width of the pattern 27 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 USDCAD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 1, support level -10
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 #EBAY M5. Characteristics: the upper boundary 67.16; the lower boundary 66.88; the width of the pattern is 27 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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