Bearish pennant
was formed on 31.03 at 16:26:39 (UTC+0)
signal strength 2 of 5

The Bearish pennant pattern has formed on the #AMZN M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 183.52 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.
See Also
- All
- All
- Bearish Rectangle
- Bearish Symmetrical Triangle
- Bearish Symmetrical Triangle
- Bullish Rectangle
- Double Top
- Double Top
- Triple Bottom
- Triple Bottom
- Triple Top
- Triple Top
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- All
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- Sale
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Bearish Rectangle
was formed on 29.08 at 18:00:44 (UTC+0)
signal strength 1 of 5
According to the chart of M5, GBPCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0806 - 0.0000
The M5 and M15 time frames may have more false entry points.
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Bullish pennant
was formed on 29.08 at 17:46:27 (UTC+0)
signal strength 2 of 5
The Bullish pennant pattern is formed on the #PEP M15 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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Double Bottom
was formed on 29.08 at 17:29:52 (UTC+0)
signal strength 3 of 5
The Double Bottom pattern has been formed on GBPCHF M30. Characteristics: the support level 1.0779; the resistance level 1.0805; the width of the pattern 26 points. If the resistance level
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