signal strength 1 of 5
The Bullish pennant graphic pattern has formed on the EURCAD 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 1.5673.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The AUDUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.6563, the Neckline and the upward angle are at 0.6548/0.6549. The formation
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3564
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 GBPUSD M5. Characteristics: the upper boundary 1.3577; the lower boundary 1.3564; the width of the pattern is 14 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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