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 93.91.
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
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- Triple top
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The Double Bottom pattern has been formed on EURUSD M30; the upper boundary is 1.1439; the lower boundary is 1.1310. The width of the pattern is 131 points. In case
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According to the chart of M5, AUDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.6366 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPCHF formed the Head and Shoulders pattern. The Head’s top is set at 1.1015 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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