signal strength 2 of 5
The Bullish pennant graphic pattern has formed on the EURJPY M15 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 163.82.
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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- AUDCAD
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- GBPCHF
- GBPJPY
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- NZDCAD
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According to the chart of M15, EURCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.9348, the lower border is 0.9337. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1409
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The Double Top reversal pattern has been formed on GOLD M30. Characteristics: the upper boundary 3384.23; the lower boundary 3370.26; the width of the pattern is 1346 points. Sell trades
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