signal strength 1 of 5
The Bullish pennant graphic pattern has formed on the GBPAUD 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 2.0920.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has been formed on AUDCHF M15. It has the following characteristics: resistance level 0.5254/0.5251; support level 0.5240/0.5241; the width is 14 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the NZDJPY M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPAUD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0857 and support 2.0824
The M5 and M15 time frames may have more false entry points.
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