signal strength 1 of 5

The Bullish Flag pattern has been formed on AUDJPY at M5. The lower boundary of the pattern is located at 94.27/94.19, while the higher boundary lies at 94.35/94.27. The projection of the flagpole is 22 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 94.35 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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The Bullish pennant pattern is formed on the #GOOG M5 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.
Open chart in a new windowThe Bullish pennant signal – Trading instrument #PEP M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 130.44, with the prospect
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant signal – Trading instrument #PEP M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 130.44, with the prospect
The M5 and M15 time frames may have more false entry points.
Open chart in a new window