signal strength 1 of 5
The Bearish pennant pattern has formed on the #MSFT M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 372.44 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.
Vea asimismo
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The Double Top reversal pattern has been formed on SILVER M15. Characteristics: the upper boundary 30.14; the lower boundary 29.99; the width of the pattern is 140 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 89.54 and support 89.10
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 82.82 and 82.45 are the coordinates
The M5 and M15 time frames may have more false entry points.
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