signal strength 1 of 5
The Bearish pennant pattern has formed on the AUDCAD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.8881; the projection of the flagpole height is equal to 21 pips. In case the price breaks out the pattern’s bottom of 0.8881, the downtrend is expected to continue for further level 0.8866.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Double Top reversal pattern has been formed on GBPUSD M5. Characteristics: the upper boundary 1.3357; the lower boundary 1.3322; the width of the pattern is 34 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, USDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8262 and 0.8202 are the coordinates
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 M15; the upper boundary is 0.8244; the lower boundary is 0.8217. The width of the pattern is 26 points. In case
The M5 and M15 time frames may have more false entry points.
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