The Bullish pennant signal – Trading instrument #EBAY M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 88.15, with the prospect of the next move being a projection of the flagpole height.

The Bearish pennant pattern has formed on the #MA M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 520.50 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 Double Bottom pattern has been formed on #NTDOY M5. Characteristics: the support level 13.70; the resistance level 13.79; the width of the pattern 9 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 9 points.

The Double Top reversal pattern has been formed on AUDCHF M30. Characteristics: the upper boundary 0.5467; the lower boundary 0.5451; the width of the pattern is 15 points. Sell trades are better to be opened below the lower boundary 0.5451 with a possible movements towards the 0.5421 level.

The Triple Bottom pattern has formed on the chart of GBPAUD M30. Features of the pattern: The lower line of the pattern has coordinates 1.9131 with the upper limit 1.9131/1.9129, the projection of the width is 52 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 1.9079, the price is most likely to continue the upward movement.