signal strength 1 of 5
The Bearish pennant pattern has formed on the #MCD M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 306.01, a trader will be able to successfully enter the sell position.
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
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- #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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The Double Top pattern has been formed on GBPCHF M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0800
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The Double Bottom pattern has been formed on #MCD M5. Characteristics: the support level 307.06; the resistance level 309.81; the width of the pattern 275 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8255
The M5 and M15 time frames may have more false entry points.
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