signal strength 1 of 5
The Bullish pennant graphic pattern has formed on the SILVER 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 30.23.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 198.42; the lower boundary 198.21; the width of the pattern 21 points
The M5 and M15 time frames may have more false entry points.
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According to M30, GBPAUD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 2.0496/2.0502 is broken out, the instrument is likely to move toward
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The Double Top pattern has been formed on AUDCHF M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5238
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