signal strength 1 of 5
The Bullish Flag pattern has been formed on GBPJPY at M5. The lower boundary of the pattern is located at 195.45/195.27, while the higher boundary lies at 195.63/195.45. The projection of the flagpole is 49 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 195.63 is broken, the price will move further upwards.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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On the chart of GBPUSD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3589; the lower boundary 1.3576; the width of the pattern 13 points
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on EURUSD M15. Characteristics: the upper boundary 1.1586; the lower boundary 1.1576; the width of the pattern is 9 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the EURUSD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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