signal strength 3 of 5
The Bearish pennant pattern has formed on the EURJPY M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 162.05; the projection of the flagpole height is equal to 88 pips. In case the price breaks out the pattern’s bottom of 162.05, the downtrend is expected to continue for further level 161.75.
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- AUDCAD
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The Double Bottom pattern has been formed on GBPUSD M5; the upper boundary is 1.3631; the lower boundary is 1.3609. The width of the pattern is 22 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.0950
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument GOLD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 3326.76, with the prospect
The M5 and M15 time frames may have more false entry points.
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