signal strength 3 of 5
According to the chart of M30, SILVER formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 33.19, the lower border is 32.91. The signal means that a short position should be opened after fixing a price below the lower border 32.91 of the Bearish Rectangle.
See Also
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- Double Top
- Flag
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- Pennant
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- Triple top
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The Double Bottom pattern has been formed on EURNZD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the EURNZD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 1.8834; the projection
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument NZDJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 85.86, with the prospect
The M5 and M15 time frames may have more false entry points.
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