signal strength 1 of 5
The Bullish pennant pattern is formed on the #NTDOY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 21.86, a further uptrend is possible.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- #KO
- #MA
- #MCD
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- #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
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- M5
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According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.9063/0.9071 whereas the upper border goes across 0.9080/0.9071
The M5 and M15 time frames may have more false entry points.
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According to M15, GBPCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 1.0786/1.0781 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 200.11
The M5 and M15 time frames may have more false entry points.
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