signal strength 3 of 5
The Bearish pennant pattern has formed on the #NTDOY M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 16.77; the projection of the flagpole height is equal to 126 pips. In case the price breaks out the pattern’s bottom of 16.77, the downtrend is expected to continue for further level 16.47.
Vea asimismo
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According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5233/0.5245 whereas the upper border goes across 0.5254/0.5245
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.0707
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, AUDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.5229 is likely to encourage a continuation
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