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
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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- EURJPY
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According to the chart of M15, USDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8474, the lower border is 0.8409. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3231.35
The M5 and M15 time frames may have more false entry points.
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