signal strength 1 of 5
According to the chart of M5, #AAPL formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 221.96/222.64 whereas the upper border goes across 223.40/222.64. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #AAPL will breach the upper border to head for 222.79.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- #PEP
- #TSLA
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On the chart of EURCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9351; the lower boundary 0.9322; the width of the pattern 29 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURGBP formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8617, the lower border is 0.8603. The signal means
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the #AAPL M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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