signal strength 1 of 5
The Bullish Flag pattern has been formed on NZDCAD at M5. The lower boundary of the pattern is located at 0.8184/0.8184, while the higher boundary lies at 0.8190/0.8190. The projection of the flagpole is 13 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 0.8190 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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According to the chart of M5, NZDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.4889, the lower border is 0.4881. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3569 and support 1.3550
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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