signal strength 1 of 5

The Bullish Flag pattern has been formed on EURUSD at M5. The lower boundary of the pattern is located at 1.0825/1.0817, while the higher boundary lies at 1.0833/1.0825. The projection of the flagpole is 18 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 1.0833 is broken, the price will move further upwards.
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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- AUDCAD
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The Double Bottom pattern has been formed on AUDJPY M5; the upper boundary is 90.22; the lower boundary is 89.76. The width of the pattern is 48 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of the NZDJPY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on USDCAD M15; the upper boundary is 1.4093; the lower boundary is 1.4049. The width of the pattern is 42 points. In case
The M5 and M15 time frames may have more false entry points.
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