signal strength 1 of 5

The Bullish pennant graphic pattern has formed on the AUDJPY 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 92.44.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has formed on the chart of AUDJPY M30. Features of the pattern: The lower line of the pattern has coordinates 94.65 with the upper limit 94.65/94.63
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of AUDJPY M15. Features of the pattern: The lower line of the pattern has coordinates 94.65 with the upper limit 94.65/94.63
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on EURCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.6019
The M5 and M15 time frames may have more false entry points.
Open chart in a new window