Bearish pennant
was formed on 07.04 at 16:04:58 (UTC+0)
signal strength 1 of 5

The Bearish pennant pattern has formed on the #MA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 466.76; the projection of the flagpole height is equal to 3098 pips. In case the price breaks out the pattern’s bottom of 466.76, the downtrend is expected to continue for further level 466.61.

The M5 and M15 time frames may have more false entry points.

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Figure

Instrument

All
Bearish Rectangle
Bearish Symmetrical Triangle
Bearish Symmetrical Triangle
Bullish Rectangle
Double Top
Double Top
Triple Bottom
Triple Bottom
Triple Top
Triple Top

Timeframe

Trend

All
Buy
Sale

Signal Strength

Double Top
was formed on 15.05 at 13:30:05 (UTC+0)
signal strength 1 of 5

The Double Top pattern has been formed on GBPAUD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2.0728

The M5 and M15 time frames may have more false entry points.

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Double Bottom
was formed on 15.05 at 11:55:04 (UTC+0)
signal strength 1 of 5

The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5377; the lower boundary is 0.5369. The width of the pattern is 8 points. In case

The M5 and M15 time frames may have more false entry points.

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Bearish Rectangle
was formed on 15.05 at 11:39:52 (UTC+0)
signal strength 3 of 5

According to the chart of M30, NZDCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8253, the lower border is 0.8221. The signal means

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