signal strength 1 of 5
The Bullish pennant signal – Trading instrument NZDCAD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.8304, with the prospect of the next move being a projection of the flagpole height.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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On the chart of AUDUSD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6519; the lower boundary 0.6505; the width of the pattern 14 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, NZDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 87.02 - 0.00
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3079
The M5 and M15 time frames may have more false entry points.
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