signal strength 1 of 5
The Bullish pennant graphic pattern has formed on the NZDJPY M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 86.28.
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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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart GBPUSD M30. Forecast: if the price breaks above the pattern high at 1.3585, then
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On the chart of GBPCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.0933; the lower boundary 1.0915; the width of the pattern 18 points
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 M5; the upper boundary is 0.8217; the lower boundary is 0.8213. The width of the pattern is 4 points. In case
The M5 and M15 time frames may have more false entry points.
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