signal strength 1 of 5
The Bearish pennant pattern has formed on the #TSLA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 260.80; the projection of the flagpole height is equal to 887 pips. In case the price breaks out the pattern’s bottom of 260.80, the downtrend is expected to continue for further level 260.65.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Bullish Flag pattern has been formed on the chart EURCHF M5 which signals that the upward trend will continue. Signals: а break of the peak at 0.9295 may push
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the EURCHF M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the #TSLA M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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