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 92.38/92.32, while the higher boundary lies at 92.44/92.38. The projection of the flagpole is 18 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 92.44 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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On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 136.40; the lower boundary 136.17; the width of the pattern 23 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on #PEP M5. Characteristics: the upper boundary 136.40; the lower boundary 136.17; the width of the pattern is 23 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant pattern is formed on the #TSLA 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.
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